What you see here is that the consumer sentiment right now is twice as low as it was the day that the world closed and the COVID pandemic began in March of 2020. What you will notice is This is right now the third lowest that this [consumer sentiment] rate has ever been in the last 75 years of American life. life. You have to go back to the 2008 recession. You have to go back to Black Monday in 1980s to be able to see this level of dropped consumer confidence. (02:54–03:02)
CLAIM
Asserts the current consumer sentiment is among the lowest in 75 years.
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