Consumer Sentiment Sinks To Record Low As Cost Of Living Concerns Intensify
Source: SeekingAlpha
2026-05-22 20:00:00 ET
By Jennifer Nash
Consumer sentiment sank for a third straight month to another record low amid intense cost of living concerns and stubbornly high prices. The final May reading for the University of Michigan Consumer Sentiment Index came in at 44.8, marking a 5-point drop from April and falling well below the month's preliminary estimate of 48.2....
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Consumer Sentiment Sinks To Record Low As Cost Of Living Concerns Intensify
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