Story perspectives
U.S. Consumer Sentiment Plummets Amid Affordability Concerns
11/21/2025
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Story summary
- U.S. consumer sentiment fell to 51 in November, a 4.9% drop from October, per University of Michigan Surveys of Consumers.
- Joanne Hsu, director of the University of Michigan Surveys of Consumers, said sentiment improved after the shutdown but remains low due to affordability.
- Current personal finances and buying conditions for durable goods dropped over 10%.
- Year-ahead inflation expectations eased from 4.6% to 4.5%.
