macro
University of Michigan consumer sentiment falls to 46.3 in early October; current conditions at all-time low
The University of Michigan's Consumer Sentiment Index dropped to 46.3 in early October from 48.1 in September, and its measure of current economic conditions slumped to an all-time low of 44.7 from 50.9, Reuters reported. Consumers' one-year inflation expectations nudged up to 4.7% from 4.6%.
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US consumer sentiment near record low as frustration over economy mounts By Lucia Mutikani Sat, October 10, 2026 at 4:19 AM GMT+11 3 min read By Lucia Mutikani WASHINGTON, Oct 9 (Reuters) - US consumer sentiment slumped further in early October as the rising cost of living because of the Middle East conflict soured households' views of the economy, more bad news for President Donald Trump ahead of the November 3 midterm elections. The University of Michigan's Surveys of Consumers was the latest in a series of recent polls to capture the darkening mood among Americans, who are being squeezed…
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