In Reply to: After the sandwich guy was acquited posted by mh on November 07, 2025 at 11:56:11
Consumers’ moods dropped further in November, according to a monthly survey from the University of Michigan, continuing a slide that has worsened amid persistent price increases and an extended government shutdown.
The Michigan survey’s headline index fell to 50.3 in November, from 53.6 last month, based on preliminary November responses. Analysts polled by The Wall Street Journal were expecting a milder decline in the index, to 53.
The reading is now just slightly above the levels that sentiment sank to amid the historic inflation that hit in 2022 during the Covid-19 pandemic, making it among the lowest results recorded in the survey’s decades of history.
“With the federal government shutdown dragging on for over a month, consumers are now expressing worries about potential negative consequences for the economy,” said Joanne Hsu, the survey’s director.
In the survey’s telling, consumer sentiment in November has dropped below the lows it hit in the spring, after President Trump first rolled out steep new global tariffs.
In recent months, spirits have been especially grim among lower-income consumers.