US consumer sentiment continued to slide in March, based on the University of Michigan’s survey. This month’s decline was broad based across groups by age, education, income, wealth, geography and political affiliation. “Sentiment has now fallen for three consecutive months and is currently down 22% from December 2024,” the director for the survey writes. “While current economic conditions were little changed, expectations for the future deteriorated across multiple facets of the economy, including personal finances, labor markets, inflation, business conditions, and stock markets.”
