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The Nexus
BUSINESSMay 22 · 16:51 UTCTHE HILLSophie Brams

Consumer sentiment slips to record low: Survey

U.S. consumer sentiment has dropped to a record low of 44.8 in May, representing a 5-point decline from April, according to the University of Michigan's Surveys of Consumers. The sharp decrease is attributed to growing economic anxiety stemming from the conflict with Iran.

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