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Consumer sentiment in the United States was 52 in 1980, a year when inflation stood at 14% and unemployment at 8%.
Justin Wolfers stated that, according to available measures, consumer sentiment is still 52 in 2026, suggesting that Americans' concerns extend beyond just economic indicators.
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Wolfers has examined recent economic events in a week-in-review alongside Stacey Vanek Smith on Off the Clock. He has also discussed how visible gas prices and less noticeable health insurance deductions shape public perceptions of inflation in a separate analysis on inflation perception. These topics form part of his broader commentary on economic sentiment.