US consumer sentiment hits rock bottom

Jun 11th 2022 6:56pm EDT

American consumer confidence plunged to 1980s lows, according to the University of Michigan The University of Michigan has revealed its consumer sentiment gauge has nosedived to a record low of 50.2 points on Friday. The figure stood nearly 10 points below predictions economic experts gave the Wall Street Journal and represented a drop of 8.2 […]

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