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Plunging Consumer Sentiment Marks Fastest Drop Since 1990
Consumer sentiment continued to worsen in April, declining across all political groups with significant hurdles anticipated in multiple sectors of the economic landscape. April’s Index of Consumer Sentiment, a survey conducted by the University of Michigan, had a final reading of 52.2, declining 8.4% from March’s 57 reading and down an eyebrow-raising 32.4% on a…
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Consumer Sentiment Continues to Crash Amid Economic Uncertainty
Consumer sentiment has now fallen for the fourth straight month as the economy continues to waver under a back and forth on tariffs and trade wars, according to the latest data from the University of Michigan. The preliminary Index of Consumer Sentiment reading for April came in at 50.8, a 10.9% tumble from March’s reading…
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