welcome
ABC News

ABC News

Business

Business & Economics

Consumer attitudes sour amid Trump's tariff escalation: Survey

ABC News
Summary
Nutrition label

80% Informative

Consumers expect inflation to worsen, University of Michigan survey shows.

Year-ahead inflation expectations surged from 5% last month to 6.7% this month , the highest reading since 1981 .

The survey marked the fourth consecutive month of dampening consumer attitudes.

Trump 's tariffs triggered market upheaval and warnings of a possible recession, data shows.

VR Score

87

Informative language

93

Neutral language

6

Article tone

formal

Language

English

Language complexity

66

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

Affiliate links

no affiliate links