A rising number of Americans are anxious about the state of the US economy — and it's all about inflation. The latest University of Michigan consumer sentiment survey released Friday showed headline sentiment declined to its lowest level in seven months as pessimism over the inflation outlook drove down February's preliminary read and one-year

Following Donald Trump's first few weeks as president, preliminary data shows consumer sentiment has dropped in February.

US consumer confidence weakened in early February, hitting a seven-month low as concerns over inflation and tariffs grew. The University of Michigan’s preliminary sentiment index fell to 67.8, down 3.