US Consumer Sentiment Near Record Low Amid Ongoing Shutdown
TL;DR Summary
A government shutdown has led to a significant decline in consumer sentiment, reaching a three-year low, with widespread pessimism about personal finances and the economy, although stock market gains and strong holiday sales forecasts provide some optimism. The survey also indicates rising unemployment expectations, but data is limited due to the shutdown.
Topics:business#consumer-sentiment#economy#government-shutdown#inflation-expectations#job-market#stock-market
- Consumer sentiment tumbles close to record lows in latest U Michigan survey AP News
- Consumer sentiment nears lowest level ever as worries build over shutdown CNBC
- Americans are feeling worse about the economy as government shutdown drags on CNN
- Consumer Sentiment Sinks to Near-Record Low, University of Michigan Survey Finds The Wall Street Journal
- US consumer sentiment drops to near record low as shutdown persists The Guardian
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