American Consumers Are Still Gloomy on the Economy -- WSJ

Dow Jones
05-30

By Chao Deng

American households still felt gloomy about the economy in May, a month when changing tariff policies made it difficult to forecast prices.

The final May reading for the University of Michigan's closely watched index of consumer sentiment was 52.2, unchanged from the previous month.

It was slightly higher than a preliminary reading of 50.8 that was released two weeks ago. It was still one of the lowest ever recorded, in data going back to 1952.

Write to Chao Deng at chao.deng@wsj.com

 

(END) Dow Jones Newswires

May 30, 2025 10:14 ET (14:14 GMT)

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