Consumer Sentiment Falls to Near-Record Low Amid Government Shutdown Concerns

Consumer sentiment dropped to a near-record low amid government shutdown concerns, according to the University of Michigan’s consumer-sentiment index. The index reported a reading of 50.3 in November, down from 53.6 in October and down 29.9% year over year. This reading is the lowest since June 2022, which was the lowest level on record.  “With

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