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Business & Economics

Consumer sentiment drops in March to 57.9, according to University of Michigan survey, worse than expected

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Summary
Nutrition label

87% Informative

The University of Michigan released a mid-month reading of 57.9 , a 10.5% decline from February .

The reading was 27.1% below a year ago and was the lowest since November 2022 .

Fears grew over where inflation is headed as President Trump institutes tariffs against U.S. trading partners.

VR Score

94

Informative language

97

Neutral language

74

Article tone

formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

1

Source diversity

1

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no affiliate links