A University of Michigan of Michigan survey Friday found consumer sentiment plunged 11% in April for the fourth straight month of decline. It fell to 50.8.
April 11 A University of Michigan of Michigan survey Friday found consumer sentiment plunged 11% in April for the fourth straight month of decline.
The Friday report showed that the index of consumer sentiment fell to 50.8, worse than the Dow Jones consensus estimate of 54.6.
„This decline was, like the last month’s, pervasive and unanimous across age, income, education, geographic region, and political affiliation“, Surveys of Consumers Director Joanne Hsu said in a statement.
