Consumer Trends Economic Trends Market Trends The Ashton Report Whats Important Now: Report

University of Michigan Consumer Sentiment Index Falls To Record Low; CSG Restaurant Spending Index Also Falls


The University of Michigan’s Consumer Sentiment Index reached a milestone in the preliminary June reading, dropping 14% from the final May level and reaching its lowest recorded level in the index’s 76-year history: 50.2. The next closest reading was during the 1980 “interest-rate” recession. Almost all the gloom comes from consumer perceptions of inflation and…

This content is for registered members of The Ashton Report or paid subscribers to The Ashton Report Insider only. Please register by clicking on the button below to get full access.

Already a member? Log in here

About the author

The Ashton Report