Consumers Sour on Economy as Inflation Hits Their Pocketbooks | National News
Key Takeaways Consumer sentiment fell in May on rising gas prices. The average cost of a gallon of gas is now $4.55 as Americans head out for their Memorial Day weekend. Year-ahead inflation expectations rise to 4.8% annually. Consumers continue to feel battered by inflation driven by the U.S.-Iran conflict, with overall sentiment falling in …