Consumer sentiment plunges 8%

[BumRushDaShow]

Source: CNN Business

Updated 10:46 AM EDT, Fri April 25, 2025


Washington CNN — Americans are still dreading a recession and rising inflation, even after President Donald Trump paused his massive tariff hike on dozens of countries.

Consumer sentiment plunged 8% in April from the prior month, to a final reading of 52.2, the University of Michigan said in its latest survey released Friday. That was a slightly smaller decline than a preliminary reading from earlier this month, which didn’t capture people’s reaction to Trump’s 90-day tariff delay announced on April 9.

Sentiment in April was at its fourth-lowest level on records going back to 1952.

“While this month’s deterioration was particularly strong for middle-income families, expectations worsened for vast swaths of the population across age, education, income, and political affiliation,” Joanne Hsu, the survey’s director, said in a release. “Consumers perceived risks to multiple aspects of the economy, in large part due to ongoing uncertainty around trade policy and the potential for a resurgence of inflation looming ahead.”

Read more: https://www.cnn.com/2025/04/25/economy/us-consumer-sentiment-april-final/index.html

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Link to Consumer Sentiment REPORT - https://www.sca.isr.umich.edu/

[Basso8vb]

1. And that includes everyone scrambling to buy what they need before prices skyrocket.

The coming months will be much, much worse.

[paleotn]

4. Yep. When that initial demand spike peters out it's going to be ugly.

[twodogsbarking]

2. Recession, inflation, blah, blah, blah. There will be a new term 'cause this ain't gonna be like anything we have ever..

[Midnight Writer]

3. Yes, we are all locked in a room where a toddler is running around firing an assault weapon.

It gets a bit nerve-wracking.

[Skittles]

5. fucking exhausting, too

so, SO sick of him and his MAGAt cult

[cadoman]

6. so the eggs are still expensive, but now iphones and other things are even more expensive as well

Wharton ain't all it's cracked up to be--seems like.

[Dan]

7. The thing about Trump is

The daily never ending stress 😩.

Everyday it is something.

[CountAllVotes]

8. The credit union affirmed this yesterday

I called to see about having them take the car back that I have.

They will take it back and then they auction it off locally. If that option doesn't seem to be a good one, the car would be shipped to a different location for detailing and sale by a dealer for $625.00.

They told me that the local auctions used to be pretty good buy since the economy has taken such a turn, no one much is coming to the bi-weekly auctions they have to sell used cars.

I was very surprised to hear this as a neighbor sold his late wife's car this way and it went for $2700 more than was owed on it.

Not the case these days I was advised.

Very unsure as to what I should do.

& recommend.