bearish
2h agoU.S. consumer sentiment dips to lowest since 2022 amid shutdown-fuelled worry
The University of Michigan preliminary consumer sentiment index fell to 50.3 in early November, the lowest level since June 2022, down from 53.6 in October and below the 53.2 forecast.
Households across income groups expressed concern with the labour‐market outlook and the impact of the record shutdown. One notable data point: 62% of respondents expected unemployment to increase - the highest in decades.
Despite still-strong stock market performance, weaker spending intentions among lower-income consumers have raised questions about the depth of economic resilience.
Reuters• By Sneha Pathak
Explore:Mutual Fund Tools
bearish
2h agoU.S. consumer sentiment dips to lowest since 2022 amid shutdown-fuelled worry
The University of Michigan preliminary consumer sentiment index fell to 50.3 in early November, the lowest level since June 2022, down from 53.6 in October and below the 53.2 forecast.
Households across income groups expressed concern with the labour‐market outlook and the impact of the record shutdown. One notable data point: 62% of respondents expected unemployment to increase - the highest in decades.
Despite still-strong stock market performance, weaker spending intentions among lower-income consumers have raised questions about the depth of economic resilience.
Reuters• By Sneha Pathak
Explore:Mutual Fund Tools
about 2 hours ago
1 min read
81 words
U.S. consumer sentiment hits three-year low as shutdown and labour worries weigh.
The University of Michigan preliminary consumer sentiment index fell to 50.3 in early November, the lowest level since June 2022, down from 53.6 in October and below the 53.2 forecast.
Households across income groups expressed concern with the labour‐market outlook and the impact of the record shutdown. One notable data point: 62% of respondents expected unemployment to increase - the highest in decades.
Despite still-strong stock market performance, weaker spending intentions among lower-income consumers have raised questions about the depth of economic resilience.
The University of Michigan preliminary consumer sentiment index fell to 50.3 in early November, the lowest level since June 2022, down from 53.6 in October and below the 53.2 forecast.
Households across income groups expressed concern with the labour‐market outlook and the impact of the record shutdown. One notable data point: 62% of respondents expected unemployment to increase - the highest in decades.
Despite still-strong stock market performance, weaker spending intentions among lower-income consumers have raised questions about the depth of economic resilience.
Tags:
economy
US
economy
US
consumer sentiment
shutdown
labour market
Nov 8, 2025 • 13:47 IST