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Consumer Sentiment Drops 9.8% Amid Fears of ‘Tariff-Induced Price Increases’

Summary by PYMNTS.com
Concerns that tariffs will raise prices drove a 9.8% decline in consumer sentiment in February, a University of Michigan survey found.
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Consumer Sentiment Drops 9.8% Amid Fears of ‘Tariff-Induced Price Increases’

Concerns that tariffs will raise prices drove a 9.8% decline in consumer sentiment in February, a University of Michigan survey found.

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PYMNTS.com broke the news in on Friday, February 21, 2025.
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Tariffs

Tariffs

University of Michigan

University of Michigan

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