Consumer sentiment measure falls to pandemic-era low, sees one of largest drops on record

The University of Michigan’s consumer sentiment index tumbled to 70.2 in its preliminary August reading.

That was the lowest reading since 2011.

The dramatic decline comes as the delta variant of Covid-19 has spread rapidly across the United States, leading some states and cities to reinstate mask mandates and other health restrictions.
https://www.cnbc.com/2021/08/13/cons...on-record.html