International Economic

Michigan consumer sentiment index drops to record low in early May

By Iain Gilbert

Date: Friday 08 May 2026

(Sharecast News) - US consumer sentiment dropped to a record low of 48.2 in early May, according to preliminary figures from the University of Michigan, down from April's 49.8 print and falling short of expectations of 49.5.
The current conditions component fell roughly 9% to 47.8, principally due to elevated concerns...

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