Consumer sentiment hits record low as war-driven price shocks spread
U.S. consumer sentiment fell to a record low in April as war fears lifted expectations for fuel, food and freight costs.
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Economy
Macro indicators, policy shifts, and economic forces shaping growth and inflation.
Gas shock sends US consumer sentiment to record low
U.S. consumer sentiment fell to a record low in April as gas prices kept feeding inflation fears. The University of Michigan reading slipped to 49.8.
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Economy Watch
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US activity rebound masks 2022-high price pressures
S&P Global said the flash composite PMI climbed to 52.0 in April, while firms raised selling prices at the fastest pace since July 2022 and input costs hit an 11-month high.
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U.S. PMI rises, price pressures at 2022 high
U.S. business activity improved in April as S&P Global’s flash composite PMI rose to 52.0, but the output-price gauge jumped to 59.9, its highest since July 2022.
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S&P Global PMI points to slower growth and hotter inflation
U.S. business activity rebounded in April as S&P Global's flash PMI rose to 52.0, but price pressures hit a nearly 4-year high amid Iran war supply disruptions.
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Chancellor Merz's Germany cuts 2026 growth forecast to 0.5%
US mortgage applications for home purchases rose 10.1% last week as the average 30-year rate fell to 6.35%, its lowest since mid-March.
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Germany cuts 2026 growth forecast on Iran war energy shock
Germany cut its 2026 growth forecast to 0.5% as the Iran war drives an energy shock, raising inflation and weighing on business confidence.
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Germany cuts 2026 growth forecast on Iran war energy shock
Germany cut its 2026 growth forecast to 0.5% as the Iran war lifts energy costs and clouds the export outlook.
1 min read
Germany cuts 2026 growth forecast on Iran war energy shock
Germany cuts its 2026 growth forecast to 0.5%, as the Iran war drives up energy costs and weakens confidence across Europe’s biggest economy.
1 min read
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