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Four Signs Consumers Are Pessimistic About the Economy
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Many consumers around the world see an economic downturn coming in the year ahead.
U.S. consumer sentiment reached an all-time low in June 2022 and remains 15% below where it was a year ago, according to the University of Michigan. Expectations also took historic dips over the past year and remain depressed in Europe and China, according to TradingEconomics data from the European Commission and National Bureau of Statistics of China.
Read more on wsj.comAbout this in other media
Eurozone’s Economy Outpaced China and U.S. in 2022 wsj.com /1 year ago
China’s Consumers Drive Rebound in Economic Activity wsj.com /1 year ago
IMF Upgrades Outlook for Global Economy as Inflation Eases and China Reopens wsj.com /1 year ago
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