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Inflation Fears Drive Consumer Sentiment to Record Low

By Bloomberg Markets and Finance April 24, 2026 Bearish
Inflation Fears Drive Consumer Sentiment to Record Low
The University of Michigan's final April sentiment index dropped to 49.8 this month from 53.3 in March. While that was slightly improved from the preliminary reading, it remained the lowest in data back to 1978.
The University of Michigan's final April sentiment index dropped to 49.8 this month from 53.3 in March. While that was slightly improved from the preliminary reading, it remained the lowest in data back to 1978.