Mary Nelson<p>"US consumer sentiment plummets to second-lowest level on records going back to 1952"</p><p>"Americans are rarely this pessimistic about the economy.</p><p>Consumer sentiment plunged 11% this month to a preliminary reading of 50.8, the University of Michigan said in its latest survey released Friday, the second-lowest reading on records going back to 1952. April’s reading was lower than anything seen during the Great Recession."</p><p><a href="https://mstdn.social/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>US</span></a> <a href="https://mstdn.social/tags/Economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Economy</span></a> <a href="https://mstdn.social/tags/ConsumerSentiment" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ConsumerSentiment</span></a> </p><p><a href="https://www.cnn.com/2025/04/11/economy/us-consumer-sentiment-april/index.html" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">cnn.com/2025/04/11/economy/us-</span><span class="invisible">consumer-sentiment-april/index.html</span></a></p>