Consumer Sentiment Plunges to Second-Lowest on Record since 1952
Source : https://www.sca.isr.umich.edu/
second-lowest
Average workweek falls to second-lowest in 5 years. Employers cut hours to dodge mass layoffs
🚨The US labor market is not healthy: The average weekly hours came at 34.2 in March, the second-lowest in 5 years. Americans work the least hours in aggregate since the 2020 crisis and in line with the Financial Crisis. This means employers reduced hours to avoid layoffs. pic.twitter.com/JaoH5rrna3 — Global Markets Investor (@GlobalMktObserv) April 11, …
US consumer sentiment plummets to second-lowest level on records going back to 1952- 34% lower than one year ago
Consumer Sentiment continues its slide. Meanwhile, consumers now expecting inflation to top 6.7% pic.twitter.com/8ZaheWURXq — Jack Jernigan (@JackJernigan1) April 11, 2025 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 …