Advertising Disclosure

Consumer Sentiment Tumbles In April As Inflation Fears Spike, University Of Michigan Survey Shows

Ally6770
  |     |   4,307 posts since 2010

Released about an hour ago

The University of Michigan consumer survey's mid-month reading on sentiment fell to 50.8, down from 57.0 in March and below the Dow Jones consensus estimate for 54.6.

Respondents' expectation for inflation a year from now leaped to 6.7%, the highest level since November 1981 and up from 5% in March.

Cleveland Clinic even laid off more than 1,000.

https://www.nbcwashington.com/news/business/money-report/consumer-sentiment-tumbles-in-april-as-inflation-fears-spike-university-of-michigan-survey-shows/3890039/

  Post a comment
4

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.