Consumer confidence slides amid concerns over the Iran war
Consumer confidence slid in March as the Iran war and rising gas prices weighed on Americans' views of the U.S. economy.
The University of Michigan's preliminary March sentiment index, released Friday, showed consumer sentiment fell 5.8% from 56.6 points in February to 53.3 in March. That marks the lowest level since December 2025.
The drop in sentiment was more ******* ounced among middle and high-income consumers, Joanne Hsu, director of the Surveys of Consumers at the University of Michigan, said in a statement. Higher-income h
Consumer confidence slid in March as the Iran war and rising gas prices weighed on Americans' views of the U.S. economy.
The University of Michigan's preliminary March sentiment index, released Friday, showed consumer sentiment fell 5.8% from 56.6 points in February to 53.3 in March. That marks the lowest level since December 2025.
The drop in sentiment was more ******* ounced among middle and high-income consumers, Joanne Hsu, director of the Surveys of Consumers at the University of Michigan, said in a statement. Higher-income h
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