Consumer sentiment has soured to the lowest level on record, save for one month during the worst of the inflation wave, a concerning sign for President Donald Trump .

The final reading of the University of Michigan consumer sentiment index clocked in at 51 in November, down from 53.6 the month before, the group announced on Friday. That marks the lowest reading since June 2022, when the inflation rate was three times what it is now.

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The sentiment reading is worse than during the Great Recession, worse than the savings and loans crisis during the 1980s an

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