U.S. consumer sentiment hits record low in April
U.S. consumer sentiment fell to a record low in April as inflation worries tied to the Iran war and higher fuel costs weighed on households.
Ben Carter
Ben Carter is a staff writer at P&L, covering markets, dealmaking, and public companies. He previously worked in equity research, focusing on valuation, earnings, and IPOs.
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U.S. consumer sentiment hits record low 49.8 in April amid Gulf fuel shock
The University of Michigan index fell to an all-time low of 49.8 in April as higher fuel costs tied to the Iran war hit household sentiment.
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