JUST IN: 67% of US consumers now expect higher unemployment over the next 12 months, the highest since 2008.
This percentage has more than doubled over the last 5 months.
Currently, more Americans anticipate higher unemployment than during the 1981-82, 1990-1991, and 2001… pic.twitter.com/oAw2AOUJ6w
— The Kobeissi Letter (@KobeissiLetter) May 26, 2025
The best leading indicator in the consumer survey data just clocked its worst reading ever: pic.twitter.com/SeCFhb6Lrv
— Carsten Valgreen (@CarstenVal) May 26, 2025