US Consumer Sentiment Hits Record Low This Month
The University of Michigan reported that consumer sentiment has dropped to its lowest level in months, with confidence levels falling 10% from January. The latest reading stands at 64.7, down from 67.8 earlier in the month, marking a significant decline since November 2023. Source: https://www.marketwatch.com/story/consumer-sentiment-sours-further-in-late-february-bac8dfe8