US consumer sentiment has hit an all-time low, driven by soaring gas prices and the escalating cost of living. Recent surveys indicate record dissatisfaction among consumers as inflation fears deepen. The latest University of Michigan survey reveals a sentiment index of 44.8, marking a significant drop compared to previous months. Nearly 90 percent of Americans express concerns that prices will continue to rise, leading to heightened anxiety over economic stability. Experts warn that persistent inflationary pressures and high oil prices are contributing to a potential stagflation scenario, causing widespread concern among consumers and signaling risks for the economy.