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Gas Prices Drag US Consumer Sentiment to Fresh Low in May

Gas Prices Drag US Consumer Sentiment to Fresh Low in May

Last updated: May 24, 2026 1:48 am
By Andrew Moran
0 Min Read
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Gas Prices Drag US Consumer Sentiment to Fresh Low in May

Customers fill up with gas in Los Angeles, on March 11, 2026. John Fredricks/The Epoch Times

The pain at the pump dragged U.S. consumer sentiment to a fresh record low in May, according to the University of Michigan.

The widely watched Survey of Consumers declined for a third consecutive month to 44.8, revised down from the preliminary estimate of 48.2 earlier in May.

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