Justin Wolfers: Consumer sentiment unchanged at 52 despite economic shifts between 1980 and 2026

Justin Wolfers: Consumer sentiment unchanged at 52 despite economic shifts between 1980 and 2026
Consumer sentiment steady between 1980 and 2026

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.

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.

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