Skip to content
Subscriber Only

Consumer Sentiment in U.S. Declines to a Nine-Month Low

Confidence among consumers fell in April to a nine-month low as Americans grew more pessimistic about the outlook for the economy.

The Thomson Reuters/University of Michigan preliminary index of consumer sentiment declined to 72.3 in April from 78.6 a month earlier. This month’s reading was lower than all 69 estimates in a Bloomberg survey that called for no change from the March number. Consumers’ assessments of their financial situation deteriorated.