Axios
Data: University of Michigan; Chart: Axios VisualsConsumers are becoming sharply more pessimistic about the economic outlook, according to a preliminary reading of the University of Michigan’s sentiment survey for March.Why it matters: The mix of new tariffs, federal cutbacks, erratic policy, and a slumping stock market is dampening American’s optimism…
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Consumer sentiment plunges in early March, inflation expectations soar
Data: University of Michigan; Chart: Axios VisualsConsumers are becoming sharply more pessimistic about the economic outlook, according to a preliminary reading of the University of Michigan’s sentiment survey for March.Why it matters: The mix of new tariffs, federal cutbacks, erratic policy, and a slumping stock market is dampening American’s optimism…