As the price of diesel has doubled in America due to the Iran war and inflation continues to hit food and housing costs, consumer sentiment has hit its second lowest point since the Great Depression. The University of Michigan's consumer sentiment index for September shows a sizeable drop of 13% from a year ago, to 48.1.

Americans are very unhappy with the direction of the U.S. economy with many people and businesses filing for bankruptcy. A record number of businesses have closed which is a sign of an economy in distress and decline. The public is tired of the war and the damage it is doing on a weekly basis. Lives and money have been lost with no end in sight. The U.S. economy is crumbling.

STORY SOURCE

Americans still feel worse about the economy than at almost any point in modern history

UPDATED SEP 25, 2026 33 Customers purchase gas at a station on September 15, 2026 in Chicago. Gas prices across the United States continue to rise as the war with Iran has disrupted the global flow of crude oil. Customers purchase gas at a station on September 15, 2026 in Chicago. Gas prices across the United States continue to rise as the war with Iran has disrupted the global flow of crude oil. US consumer sentiment fell to its second-lowest level on record in September as high gas prices further soured Americans’ views of the economy.

The University of Michigan’s consumer sentiment index for September dipped to 48.1, notching a 7% decline from August and a nearly 13% drop from a year ago, according to data released Friday. The survey dates back to 1952, meaning Americans are feeling worse now than they did during wars, the 1970s oil crisis, 9/11, the Great Recession, the Covid-19 pandemic and the inflation surge afterward. The four lowest-ever readings for the index all occurred within the past six months (with the record being set in May)...

https://www.cnn.com

RELATED ARTICLES

China Set To Overtake The U.S. Economy As The World Number One Due The Coronavirus And How It Was Handled By The Government Confirming Previous Site Claims

President Trump Is Losing The Trade War To China As They Take Counteractive Measures To Sustain And Grow Their Economy

Business And Personal Bankruptcies Soaring Under President Donald Trump Confirming Previous Site Claims And Warnings

For The First Time Ever A U.S. Stealth Fighter Jet Was Shot Down And It Was Done By Iran Confirming Previous Claims

President Trump's Tariffs Ruled Invalid By Appeals Court In Matter That Now Heads To The Supreme Court

America Is Headed For A Social And Financial Crash

Site Exclusives