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US consumer sentiment plummets to second-lowest level on records going back to 1952

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Sat, 12 Apr 25 12:20 PM | 10 view(s)
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US consumer sentiment plummets to second-lowest level on records going back to 1952

Americans are rarely this pessimistic about the economy.

Consumer sentiment plunged 11% this month to a preliminary reading of 50.8, the University of Michigan said in its latest survey released Friday, the second-lowest reading on records going back to 1952. April’s reading was lower than anything seen during the Great Recession.

http://www.cnn.com/2025/04/11/economy/us-consumer-sentiment-april/index.html


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