U.S. Consumer Sentiment Falls to Second-Lowest Level in Over 70 Years​

In April 2025, U.S. consumer sentiment plummeted to 50.8, marking its second-lowest level since the University of Michigan began tracking the index in the 1940s. This decline is attributed to escalating trade tensions, particularly new tariffs on China, which have fueled fears of rising inflation and unemployment. Consumers across all demographics report increasing pessimism, with inflation expectations reaching a 44-year high of 6.7%. The downturn in sentiment reflects growing concerns over economic stability amid ongoing trade disputes and market volatility.