University Of Michigan Consumer Sentiment Hits Record Low
The University of Michigan's Consumer Sentiment Index fell to 47.6 in preliminary April 2026 data. This represents a 10.7 percent drop from March, marking the worst reading in the history of the Consumer Sentiment poll. The decline reflects significant shifts in economic outlook among US households. The University of Michigan's final consumer sentiment rating for April fell 6.6% compared to the previous month. Consumers currently maintain a high near-term inflation outlook. Participants in the survey expect prices to increase by 4.7% over the next year. This decline indicates that consumer sentiment is currently lower than during the COVID-19 pandemic and the Great Recession. The report follows comments from energy leaders in Austin regarding rising costs. Business analyst Jill Schlesinger noted the decline while discussing consumer responses to rising costs.
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Sources · 7 independent
“The University of Michigan's Consumer Sentiment Index fell to 47.6 in preliminary April 2026, a 10.7 percent drop from March, marking the worst reading in the history of the Consumer Sentiment poll.”
“The University of Michigan's final rating for April slid 6.6% from one month ago. The survey noted a widespread decline in sentiment across all age and income groups.”
“us online at tra.com or call 800-507-9701. That's 800-507-9701. Tax Relief Advocates.”
“April’s U.S. consumer sentiment fell to its lowest level on record, dropping to 49.8 in the University of Michigan’s long-running survey.”
“We saw the University of Michigan Consumer Sentiment Index falling to its lowest level ever. And when I mean ever, just think back with that it really does cover. This is a 50, 60 year old survey.”
“We saw the University of Michigan Consumer Sentiment Index falling to its lowest level ever.”
“We saw the University of Michigan Consumer Sentiment Index falling to its lowest level ever. And when I mean ever, just think back with that it really does cover. This is a 50, 60 year old survey.”
“University of Michigan Consumer Sentiment Index falling to its lowest level ever. And when I mean ever, just think back with this... we feel worse today than at the height of COVID.”
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