Subject: Consumer Sentiment Plunged 11%...
...this month to 50.8 in the University of Michigan's latest survey released today, the second-lowest reading on records going back to 1952. April’s reading was lower than anything seen during the Great Recession.
President Donald Trump’s volatile trade war, which threatens higher inflation, has significantly weighed on Americans’ moods these past few months. That malaise worsened leading up to Trump’s announcement last week of sweeping tariffs, according to the survey.
“This decline was, like the last month’s, pervasive and unanimous across age, income, education, geographic region and political affiliation,” Joanne Hsu, the survey’s director, said in a release.
Consumer sentiment has now lost more than 30% since December.
Mad King Donald's crazy was on full display throughout the presidential campaign and American voters said, "I wanna' get me some of that."
https://www.cnn.com/2025/04/11...