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.
