US consumer sentiment dives to a record low in April amid Iran war

How Is The Iran War Impacting Consumer Confidence

The U.S. consumer sentiment fell to a record low in April as inflation fears surged amid the Iran conflict, according to a University of Michigan survey. The report said the sentiment index dropped 10.7% to 47.6, reflecting sharp declines in both current conditions and future expectations. Inflation expectations also rose significantly, with consumers projecting prices to increase 4.8% over the next year, up from March levels. Survey director Jo…

Consumer sentiment sinks to record low

Consumer sentiment sank to a record low in April as weeks of U.S.-Israeli strikes in Iran have impacted oil prices globally, a new University of Michigan survey found.  Consumer confidence has dropped nearly 11 percent since March, a downward trend that started after the U.S. and Israel launched a joint military campaign against Iran on…

Iran War Sent Consumer Sentiment Plunging to Record Low

Consumer sentiment plunged in early April to the lowest level in the survey's seven-decade history, as the Iran conflict weighed heavily on Republican household views of the economy.

Consumer Sentiment Drops to Record Low

The preliminary April sentiment index slumped to 47.6 from 53.3 in March, according to the University of Michigan data out April 10.

Consumer sentiment dives to record low amid Iran war, UM survey shows

The deterioration in sentiment was across age, income and political party affiliation.

Consumer Sentiment Hits Record Low, per Michigan Survey

Consumer sentiment fell in April to the lowest level recorded in the 74-year history of the University of Michigan’s survey, evidence of Americans’ concerns that the Iran war will hit the domestic economy.