{"id":412335,"date":"2026-04-26T22:57:06","date_gmt":"2026-04-26T22:57:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/412335\/"},"modified":"2026-04-26T22:57:06","modified_gmt":"2026-04-26T22:57:06","slug":"consumer-sentiment-rebounds-slightly-after-hitting-lowest-level-on-record-2","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/412335\/","title":{"rendered":"Consumer sentiment rebounds slightly after hitting lowest level on record"},"content":{"rendered":"<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmoby5qc7000x2dp44b3j2v5j@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Americans still feel lousy about the economy and worry that the US-Israeli war with Iran will continue to push up prices.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmocz60fy00073j6r3tiyau6w@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            The University of Michigan\u2019s final consumer sentiment reading for April measured 49.8, a slight improvement from the <a href=\"https:\/\/www.cnn.com\/2026\/04\/10\/economy\/us-consumer-sentiment-record-low-april\" rel=\"nofollow noopener\" target=\"_blank\">preliminary report earlier this month<\/a> but still at the lowest level ever on records that go back to 1952.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmoczgx47000l3j6rcoh0f7bz@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            \u201cAfter the two-week ceasefire was announced and gas prices softened a touch, sentiment recovered a modest portion of its early-month losses,\u201d Joanne Hsu, director of the university\u2019s Surveys of Consumers, wrote in a statement.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmocz61ca00093j6r7ht2pxbk@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            The Middle East conflict has roiled the global economy and left Americans grappling with sharply higher gas prices, a pickup in inflation and growing uncertainty about their finances.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmoczz5hj000u3j6r6zyel7n9@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Current personal finances worsened by 9% in April, and about half of consumers surveyed spontaneously mentioned that high prices were eroding their standards of living, Hsu noted.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmoczpte8000q3j6rdav5r3ei@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Consumers\u2019 year-ahead inflation expectations shot higher this month, rising to 4.7% from 3.8% in March. It was the largest one-month jump since April 2025, a month when President Donald Trump announced a sweeping set of steep tariffs on many nations.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmocz61ca000a3j6rapz11713@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            The war and its economic fallout comes at a time when Americans were already navigating high costs of living from a post-pandemic inflation spike and years of prices climbing much faster than has been typical.\n    <\/p>\n<p class=\"paragraph-elevate inline-placeholder vossi-paragraph_elevate\" data-uri=\"cms.cnn.com\/_components\/paragraph\/instances\/cmoczxowi000s3j6r66lxm7by@published\" data-editable=\"text\" data-component-name=\"paragraph\" data-article-gutter=\"true\">\n            Sentiment is hovering just below levels seen in June 2022, when inflation hit a four-decade high.\n    <\/p>\n","protected":false},"excerpt":{"rendered":"Americans still feel lousy about the economy and worry that the US-Israeli war with Iran will continue to&hellip;\n","protected":false},"author":2,"featured_media":408974,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-412335","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/412335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=412335"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/412335\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/408974"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=412335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=412335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=412335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}