Consumer Sentiment Plummets Amid War, Gas Prices
Salt Lake City News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Consumer sentiment plummets in March, hitting a six-year low, as war with Iran and rising gas prices fuel inflation worries and dampen economic outlooks across all age groups and political affiliations. Middle- and higher-income households bear the brunt, with job market views slipping but holding steadier than other areas. The presidents approval rating may not see a rally-around-the-flag boost, and the opposition party could gain House seats in fall midterms. If the conflict persists, economic alarms may escalate.
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