Gas price surge and inflation pinch American shoppers
TL;DR
Gas around $4.50 per gallon and ongoing inflation are denting U.S. consumer confidence and squeezing household budgets.
- Consumer confidence dented with gas prices around $4.50 and inflation still elevated AP News
- U.S. Consumer Sentiment Worsened in May WSJ
- US consumer confidence ebbs in May as inflation worries mount Yahoo Finance
- The ‘Vibecession’ Is Over. The ‘Permacession’ Is Here. The Atlantic
- High gas prices, cost of living send US consumer sentiment to all-time low CNN
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