Consumer Mood Slumps as Shutdown Drags On

An image of a shopper worrying about their expenses.

Americans’ mood about the economy dimmed in November as the record-breaking federal government shutdown stretched on. That matters for everything from holiday shopping plans to how confident we feel about big purchases. The University of Michigan’s consumer sentiment index slipped to 50.3 from 53.6 in October, its lowest since June 2022. That represents a 6.2% […]