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Friday's Michigan Confidence reading of 62.6 would make April's level the lowest since March 1982 (the number still has to be revised).

For those interested, below we highlight a historical chart of Michigan Confidence since 1978. As shown, sentiment in the U.S. has taken quite a hit in recent months.

This article has 2 comments:

  •  
    Apr 28 11:49 AM
    Yes, thanks to the media and politicians who are seeking power.... the "sky is falling."
    Reply
  •  
    Apr 29 12:23 PM
    No surprises here. The typical consumer is really concerned about one thing, the price of gasoline.
    Reply
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