the United StatesMěiguó美国consumersxiāofèi zhě消费者confidencexìnxīn信心May5 yuè5月to fall to / to drop todiézhì跌至historicallìshǐ历史lowestzuìdī最低。
May 9, 2026 at 12:00 PM
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BusinessUS Consumer Confidence Falls to Record Low in May Amid Tariff and Price Concerns
The University of Michigan consumer confidence index fell to a record low of 48.2 in early May 2026, with about one-third of respondents citing fuel prices and roughly 30 percent blaming tariffs for their pessimism.
The University of Michigan in the United States released its May consumer confidence report. The index fell to 48.2, which represents the lowest level in history.
Many consumers stated that fuel prices are too expensive. Additionally, many people said that import tariffs have caused goods to become more expensive.
This figure is lower than market expectations.
Economists say that low consumer confidence may affect economic growth in the United States.
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