
Consumers are feeling even worse about the US economy thanks to inflation
CNN
Consumers remain pessimistic about the economy, but are slightly more optimistic about longer-term inflation, according to a new survey.
The final index reading of 50 in the monthly Surveys of Consumers was just below the preliminary reading of 50.2 released two weeks ago. The final June index -- a 14.4% drop since May -- represents the lowest recorded level since the university started collecting consumer sentiment data in November 1952.
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