March 17, 2025
U.S. Consumer Sentiment Drops as Inflation Anxiety Soars
New data from the Surveys of Consumers shows consumer sentiment falling by 11% in March among Americans of all ages, income groups and political affiliations. In the New York Times, Joanne Hsu said, “Many consumers cited the high level of uncertainty around policy and other economic factors; frequent gyrations in economic policies make it very difficult for consumers to plan for the future, regardless of one’s policy preferences.”