What CEOs from auto, housing, travel and ad markets are saying about tariffs, consumer spending and the economy

by anastasiakaufman-chime-me

Published Tue, May 20 20255:15 PM EDT Ian Thomas@byIanThomas

Michigan consumer survey director Joanne Hsu on tariffs and economic uncertaintywatch nowVIDEO02:10Michigan consumer survey director Joanne Hsu on tariffs and economic uncertainty

The outlook on consumer spending continues to get cloudier. Last week, consumer sentiment slid to its second-lowest reading on record while recent credit card data showed that many Americans are starting to cut back.  

Walmart, Microsoft and Subaru are just some of the companies that have warned of price increases related to tariffs, which could lead price-sensitive shoppers to pull back even more. 

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