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US: US Consumer Sentiment Index plunges to lowest since November 2022

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⁠⁠⁠⁠⁠⁠⁠The Consumer Sentiment Index for the U.S., published by the University of Michigan, dropped sharply in March to 57.9 from February's 64.7, marking its lowest level since November 2022. The report, which was released Friday, indicates that sentiment has declined for a third consecutive month, with numerous consumers attributing this drop to uncertainty surrounding government policies and other economic factors. Additionally, rapid shifts in economic policies have compounded difficulties for consumers in planning for the future, regardless of their policy preferences. The report also highlighted key concerns contributing to the decline in sentiment, including ongoing tariff policies, a weakening stock market, and persistent inflation worries. Media outlets, such as Reuters and The Wall Street Journal, also reaffirmed the report's findings. SHOTLIST: FILE: Los Angeles, California, USA - 2020 1. Various of staff, customers in supermarket; FILE: New York City, USA - Date Unknown 2. Various of shoppers, goods in supermarket; 3. Various of consumers at cashiers; FILE: New York City, USA - Nov 2022 4. Various of customers dining, chatting, ordering in restaurant; 5. Customers paying bill; FILE: Washington D.C., USA - June 2022 6. Various of residents refueling cars at gas station, screen showing gas prices; FILE: New York City, New York, USA - October 2024 7. Various of traffic, pedestrians, buildings; FILE: New York City, USA - Oct 2024 8. Various of New York Stock Exchange (NYSE) building, U.S. national flags. [Restrictions: No access Chinese mainland]

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