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progree

(13,049 posts)
2. Consumer sentiment at record low as Americans feel impact of war in Iran, Yahoo Finance, 4/24/26
Fri Apr 24, 2026, 04:57 PM
14 hrs ago
https://finance.yahoo.com/news/consumer-sentiment-at-record-low-as-americans-feel-impact-of-war-in-iran-142920073.html

US consumer sentiment showed some improvement amid a two-week ceasefire between the US and Iran, but it's still at record lows, according to new data from the University of Michigan.

((this doesn't make sense on the face of it. What I think is happening is that today's final reading is an improvement (slight) over the preliminary reading we saw April 10, https://www.democraticunderground.com/10143647510 , but it's the lowest final reading on record, going back to 1966 -progree))

The Index of Consumer Sentiment showed consumer sentiment ended April with a final reading of 49.8, ... marking the lowest level on record — below readings taken during the financial crisis, the COVID-19 pandemic, and when inflation spiked following Russia's invasion of Ukraine.

Overall, consumer sentiment fell 6.6% from last month and 4.6% from a year ago.

. . .

Friday's reading from the University of Michigan also showed year-ahead inflation forecasts rising to 4.7% in April from 3.8% in March.


Ultimate source: https://www.sca.isr.umich.edu/

10 Year Consumer Sentiment graph: https://www.sca.isr.umich.edu/files/chicsr.pdf

50 years graph: https://www.sca.isr.umich.edu/files/chicsh.pdf

ETA - I looked at the 10-year graph, and April looks like an exact match with the 2022 low point (I blew the graph way up, and used the cross-hairs tool of Windows Power Toys and could not discern any difference).

Here's what the ultimate source says:

Consumer sentiment ticked down 3.5 index points this month, now comparable to the trough seen in June 2022.


I started looking for tables and data but I'm not finding something that includes the all-households going back to 2022, but oh well.

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