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Economic Confidence Weakened In March As Iran War ‘Erased' Growth

Geopolitics & WarEconomic DataEnergy Markets & PricesInflationConsumer Demand & RetailInvestor Sentiment & Positioning

University of Michigan survey: Americans' economic outlook fell in March after the U.S. attacked Iran, as surging gasoline prices erased growth measured before the conflict. The drop signals rising consumer pessimism and potential near-term headwinds to consumption and inflation expectations.

Analysis

University of Michigan survey: Americans' economic outlook fell in March after the U.S. attacked Iran, as surging gasoline prices erased growth measured before the conflict. The drop signals rising consumer pessimism and potential near-term headwinds to consumption and inflation expectations.

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Market Sentiment

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mildly negative

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-0.30