US consumer sentiment hits a near-record low before midterm elections
- 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.
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- 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.
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Sources: Al Jazeera