https://www.live-feeds.com/feed/consumer-sentiment-drops-per-michigan-surveyContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/consumer-sentiment-drops-per-michigan-surveyhttps://www.live-feeds.com/feed/consumer-sentiment-drops-per-michigan-survey#u120832Wed, 14 Oct 2026 04:16:10 +0000Consumer sentiment in the US fell to 46.3 in October, a five-month low, as frustration over higher costs and inflation continues to mount. The decline is attributed to rising fuel costs, with Delta's annual fuel expenses up by $6 billion, and inflation expectations rising to 4.7%. This development complicates the Federal Reserve's rate outlook.Why it mattersThe drop in consumer sentiment comes as the US economy faces challenges from persistent inflation, with prices remaining higher than they were four years ago. The midterm elections are approaching, and the economic climate is a si