Consumer sentiment remains on high plateau in April

Consumer sentiment in April continued to travel on the high plateau established following Donald Trump’s election, with only minor deviations from its five-month average of 97.4, according to the University of Michigan (U-M) Surveys of Consumers.

There is widespread agreement among consumers on their very positive assessments of the current state of the economy as well as widespread disagreement on future economic prospects. Although the partisan divide narrowed in April, it still reflects a very pessimistic economic outlook among Democrats and a very optimistic outlook among Republicans. CONT.

University of Michigan