The University of Michigan Index of Consumer Sentiment fell 11% from March to April to 50.8 and is now lower than it was at any point during the 2007-2009 Great Recession
Republicans are less worried about the future than Democrats and Independents, but 'consumers from all 3 political affiliations are in agreement that the outlook has weakened since February'
Economists and bond market investors have been surprised by the continued strength of the economy, and are wary of the potential for tariffs, tax cuts and deportations to reignite inflation
Inflation expectations surged after President Donald Trump announced plans to impose tariffs on goods from China, Canada and Mexico, a new University of Michigan survey of consumers finds
Consumer sentiment dipped to 69.5 in August following months of recovery, a downward shift that underscores the complex web of rapidly changing expectations, according to data released Friday
More optimistic outlook of where mortgage rates are headed over the next 12 months drives the largest increase in Fannie Mae's Home Purchase Sentiment Index in more than 2 years