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Consumers down on the economy, as gas prices and mortgages surge due to war

Americans are feeling gloomier about the economy in recent weeks, as the disruptions caused by the Iran war send gas prices skyrocketing and mortgage rates climbing.
Consumer sentiment, a measurement of Americans’ economic perceptions, fell nearly 6 percent to its lowest level since December, according to a closely watched index from the University of Michigan. Sentiment about the economy had been trending upward in the initial weeks of research, the survey’s early results found, but dipped significantly after the
23 days ago

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