EconomyUS Consumer Sentiment Plummets to Near-Record Low Ahead of Midterm Elections Amidst Inflation Woes
US consumer sentiment has hit a near-record low ahead of the midterm elections, with inflation and cost-of-living issues significantly impacting financial outlooks across political divides. The University of Michigan's Consumer Sentiment Index dropped to 48.0, reflecting widespread concerns about purchasing power.
Al Jazeera English|October 23, 2026 