(AURN News) — Consumer sentiment continues its downward spiral as new numbers point to low levels.
The University of Michigan’s Surveys of Consumers for May show that Americans remain concerned about their personal incomes and high prices.
May’s index fell to 48.2 from 49.8 in April.
The ongoing conflict involving Iran remains a major source of concern and tension among Americans.
The University of Michigan notes that until energy prices decline and supply disruptions are addressed, consumer sentiment may remain low.
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Jamie Jackson is an Emmy-nominated television and radio broadcaster who has served American Urban Radio Networks since 2015. He previously covered the Obama and Trump administrations as a White House Correspondent and Pool Reporter for AURN News. Jamie hosted a national PBS television special in 2023 and over the years has worked as a TV news anchor and local NPR host for stations across the country. His work has been honored by numerous organizations, including the NAACP and the Virginia Farm Bureau.
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