Overview

• The University of Michigan Consumer Sentiment Index fell to 50.8 in April, marking the fourth consecutive monthly decline and nearing record lows since 1952.
• Year-ahead inflation expectations surged to 6.7%, the highest level in over four decades, intensifying economic concerns.
• President Trump's fluctuating tariff policies are identified as a key driver of declining consumer confidence and rising inflation fears.
• Survey data highlights broad-based economic anxiety, with deteriorating views on business conditions, personal finances, and labor markets across all demographics.
• Economists warn that elevated inflation expectations could complicate Federal Reserve efforts to manage monetary policy while addressing recession risks.