Consumer sentiment declines to another new record low as Americans fret over Iran war
Washington
Archived
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May 8, 2026
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By Bryan Mena, CNN Washington (CNN) — Consumer sentiment continued to decline this month, reaching a fresh record low as the war in Iran drags on, keeping energy prices elevated. The University of Michigan’s latest consumer survey, released Friday, showed sentiment fell early this month to a preliminary reading of 48.2, the lowest on records
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