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Consumer Sentiment Falls to New Record Lows Amid War in Iran

By WSJ May 08, 2026 Neutral
Consumer Sentiment Falls to New Record Lows Amid War in Iran
Consumer sentiment fell below the previous month's record low as higher gasoline prices exacerbated shoppers' concerns about the U.S. economy, according to the initial reading from the University of Michigan's monthly survey.
Consumer sentiment fell below the previous month's record low as higher gasoline prices exacerbated shoppers' concerns about the U.S. economy, according to the initial reading from the University of Michigan's monthly survey.