March 27 (UPI) -- U.S. consumer sentiment has fallen to its lowest level in more than three years, mainly due to the coronavirus outbreak, new data showed Friday.
The index compiled by the Surveys of Consumers at the University of Michigan dropped to 89.1 this month, its lowest level since October 2016 and its fourth sharpest decline in its near 50-year history. Customer sentiment was at 101 in February.