Americans’ confidence in the economy continues to wane, with consumer sentiment dropping for four consecutive months to one of the lowest points ever recorded, according to data from the University of Michigan. This steady decline reflects growing dissatisfaction among households, even as economic indicators present a mixed picture. While inflation has eased from recent highs and the labor market remains relatively strong, many individuals still perceive financial strain. The sentiment index, closely monitored by analysts, suggests that public perception lags behind official statistics. This disconnect may stem from uneven economic benefits, with lower- and middle-income groups feeling the pinch more acutely than wealthier segments. The data underscores a broader trend: despite modest macroeconomic gains, lived experiences vary widely across demographics. Some regions and industries report optimism, while others face stagnation or decline. These disparities are now clearly visible in survey-based metrics, highlighting the challenge policymakers face in addressing both economic performance and public trust.
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4 charts show who’s feeling good about the economy — and who isn’t
It’s no secret that Americans are frustrated by the economy: Consumer sentiment has fallen for four straight months to one of its lowest levels on record, according to a closely watched metric from the University of Michigan.