Michigan consumer sentiment falls to 49.8

- The University of Michigan consumer sentiment index plunged to 49.8, hitting its weakest reading in more than 70 years amid price and job worries. - Survey detail shows 64% of respondents expect unemployment to rise, even as some polls still report healthier personal finances. - That split between deep macro gloom and mixed personal‑finance reads could damp household spending and travel plans this summer. (x.com) (x.com)

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