US Michigan consumer sentiment falls to 44.8 in May, hitting all-time low
Consumer sentiment in the US has dropped to an all-time low of 44.8 in May, according to the University of Michigan's Consumer Sentiment Index. This decline marks the third consecutive month of falling confidence, driven by concerns over high prices, gasoline costs, and tariffs. Despite a slight decrease in inflation expectations, consumers are increasingly distressed about their current financial situations.
- ▪The Consumer Sentiment Index fell to 44.8 in May, the lowest level ever recorded.
- ▪57% of consumers reported that high prices are negatively impacting their finances.
- ▪One-third of respondents cited gasoline prices as a significant source of stress.
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US Michigan consumer sentiment falls to 44.8 in May, hitting all-time low The University of Michigan's flagship confidence gauge dropped for a third straight month as consumers flagged high prices, gasoline costs, and tariff impacts. Share Add us on Google by Editorial Team May. 22, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); The University of Michigan’s Consumer Sentiment Index landed at 44.8 in its final May reading, the…
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