#TariffsPause

The Michigan Consumer Sentiment Index ended April with a 52.2 reading, better than the preliminary reading of 50.8 that the survey showed two weeks ago.1 The results surprised economists surveyed by The Wall Street Journal and Dow Jones Newswires, who expected no change in the month’s final survey.2

The survey, which is conducted over the course of the month, showed improvements after Trump paused his "reciprocal" tariffs for 90 days.  However, the April results were still the lowest since July 2022 and down 32% from last year