U.S. Consumer Sentiment Index Upwardly Revised But Remains At Record Low In April

University of Michigan revised April U.S. consumer sentiment data to show a smaller decline than initially estimated, but sentiment still fell to a record low. The report signals persistent household caution and weaker consumer confidence, a mild negative for risk appetite and consumer-facing sectors.

Analysis

University of Michigan revised April U.S. consumer sentiment data to show a smaller decline than initially estimated, but sentiment still fell to a record low. The report signals persistent household caution and weaker consumer confidence, a mild negative for risk appetite and consumer-facing sectors.