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Consumer Sentiment at Record Low Is Another Ominous Sign for Economy

Consumer sentiment fell to its lowest level on file, reflecting that elevated inflation is weighing on Americans’ moods and including to indicators that time to a slowing on this planet’s largest economic system.

The University of Michigan’s gauge of client sentiment reached a last studying of fifty in June. That was the bottom studying on file going again to 1952, and down from each an preliminary studying earlier within the month and May’s 58.4 studying.

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