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Consumer Confidence Just Hit a Record Low. Here's Why
Youtube· 2026-04-25 05:00
Well, with the war in Iran, consumer sentiment has fallen to an all-time low. The final read from the University of Michigan showed consumer sentiment dropping to 49.8%, lower than that even of the pandemic. Joining us from more is Joe Bruceuelis, RSM chief economist. Now, Joe, it's good to see you. The read wasn't quite as low as the initial read, but nonetheless, it did remain at a record low. And you know, it's an interesting point that my producer brought up that it is lower than any this record. It's l ...