US consumer sentiment hits a near-record low before midterm elections
Independent voters’ economic anxieties highlight political implications of plummeting US consumer sentiment.
Consumer sentiment in the United States hit a near-record low in the final reading before the consequential midterm elections as cost-of-living issues weigh on US consumers.
The University of Michigan’s Surveys of Consumers said its Consumer Sentiment Index dropped on Friday as continuing tensions between the US and Iran drove up prices at the grocery store and the petrol pump.
Recommended Stories
list of 4 items list 1 of 4 US Social Security benefits to rise by 3.6 percent in 2027
list 2 of 4 How Iran messaging highlights cost of war ahead of US midterm elections
list 3 of 4 Will Russia’s diesel shipment to the US lower prices before midterms?
list 4 of 4 Rising costs and tight budgets strain Americans ahead of midterm elections
end of list
The reading dropped to 48.0 this month from a final reading of 48.1 in September,…
