Americans are more miserable about the economy than they were during the 2008 financial crisis.
The University of Michigan’s consumer sentiment index just fell to 48.1, the second-lowest reading in the history of the survey. The survey has been running since 1952. CNN notes that sentiment is now below the levels recorded during the 2008 financial crisis, the 2001 recession and the COVID recession. Only May’s 44.8 reading was worse. … Read more