Consumer Sentiment Plummets 11%

Friday, April 11, 2025

Americans are rarely this pessimistic about the economy. Consumer sentiment plunged 11% this month to a preliminary reading of 50.8, the University of Michigan said in its latest survey ...

Posted by reinheitsgebot at 08:33 PM | 9 COMMENTS | permalink | Comment on This Entry |

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Consumer sentiment has never tanked this far, this fast.

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-- Justin Wolfers (@justinwolfers.bsky.social) April 11, 2025 at 11:11 AM

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Nice going, stinky.

#1 | Posted by reinheitsgebot at 2025-04-11 10:20 AM | Reply

And.... Trump plunges along with it:

"Trump babbles his way through doing a bad job and the polling proves we know it

Trump's presidency isn't even 100 days old yet. But in word and deed, and apparently in the eyes of the public, he's already gone full-bobolyne (fool).

Recent approval polls show Trump sliding. He's 13 points underwater in a recent YouGov survey, 12 points underwater in a recent Quinnipiac poll and was five points in the tank April 10 in the notoriously pro-Trump Rasmussen poll.

According to YouGov: "Trump's net job approval is down 14 points since the first Economist/YouGov Poll after he took office this year, when 49% of Americans approved of him and 43% disapproved."

www.usatoday.com

Couldn't happen to a bigger POS (because there is none!).

#2 | Posted by Corky at 2025-04-11 03:20 PM | Reply

The article is BS

"In economics, surveys are referred to as "soft data" and measures capturing actual economic activity, such as retail sales, are known as "hard data."

The soft data has clearly deteriorated because of Trump's tariffs: The latest Michigan survey showed that "the share of consumers expecting unemployment to rise in the year ahead increased for the fifth consecutive month and is now more than double the November 2024 reading and the highest since 2009," according to a release.

"Yet, the hard data still looks decent. Employers continue to hire at a brisk pace and shoppers haven't convincingly reined in their spending just yet, though retail sales have come in weaker than expected recently."

#3 | Posted by lfthndthrds at 2025-04-11 03:25 PM | Reply

Nice going, stinky.

#1 | Posted by reinheitsgebot at 2025-04-11 10:20 AM | Reply | Flag:

Nice try kiddiefister

#4 | Posted by lfthndthrds at 2025-04-11 03:26 PM | Reply

Luvsorangeturds rapes infants.

April's reading was lower than anything seen during the Great Recession.

The orange pedo eclipsed W's Great Recession. What a failure.

#5 | Posted by reinheitsgebot at 2025-04-11 03:31 PM | Reply | Funny: 1 | Newsworthy 1

Get Ready to See Trump Tariff Surcharges on Your Receipts

www.cnbc.com

The-------------'s mugshot should appear on every receipt.

#6 | Posted by reinheitsgebot at 2025-04-11 03:42 PM | Reply

That surcharge is going break Gracie!

#7 | Posted by Corky at 2025-04-11 03:56 PM | Reply

Apparently, Trump's plan was to supercharge inflation, send the country into a recession, and cause hundreds of thousands of people to lose their jobs.

#8 | Posted by AMERICANUNITY at 2025-04-12 02:15 AM | Reply

People are going to suffer so billionaires can get richer.

And republicans are stupid enough to continue to support this bullshht.

#9 | Posted by ClownShack at 2025-04-12 02:22 AM | Reply