U.S. consumer sentiment hits record lows, with 41% expecting worse finances over 12 months—triple the Q2 2024 level and worse than the 2008 financial crisis.
Macro & Markets ·
A record 41% of U.S. consumers expect their financial situation to worsen over the next 12 months, more than triple the level from Q2 2024 and exceeding the 23% peak recorded during the 2008 financial crisis. Additionally, 31% of consumers anticipate their personal finances will deteriorate over a five-year horizon, double the proportion observed in the 1980s when inflation exceeded 10%.