Consumer sentiment fell back 6% this month to its lowest level since December 2025. Declines were seen across age and political party. Consumers with middle and higher incomes and stock wealth, buffeted by both escalating gas prices and volatile financial markets in the wake of the Iran conflict, exhibited particularly large drops in sentiment. The short-run economic outlook plunged 14%, and year-ahead expected personal finances sank 10%, while declines in long-run expectations were more subdued. JoanneHsu,DirectorofSurveysofConsumers,UniversityofMichigan Source: University of Michigan Survey of Consumers - March 27, 2026 Feb-25 to Feb-26, but still above Fed target Source: Federal Reserve Bank of St. Louis Source: Federal Reserve Bank of St. Louis
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