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University of Michigan Sentiment Index Misses May Forecast, Falls to 45.8 vs Expected 47.9

GateNews

2026-05-22 14:02:31

The University of Michigan's Sentiment Index came in at 45.8 in May, falling short of expectations of 47.9 and down from the prior reading of 47.8. The index, a key gauge of U.S. consumer confidence, declined for the second consecutive month.

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