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It's The Economy...
Danielle Park · 2026-04-11 · via All Articles on Seeking Alpha

Summary

  • US consumer sentiment sank about 11% this month, extending a decline that began with the start of the Iran conflict, and is currently about 9% below a year ago.
  • The preliminary April sentiment index slumped to 47.6 from 53.3 in March, while inflation expectations rose, current economic conditions hit a record low, and the current financial situation index hit the lowest since March 2009.
  • At the end of February, StatsCan said Canada’s economy contracted 0.6% annualized in the final quarter of 2025. We get the Q1 GDP growth estimate on May 29th.
Red down arrow sign on abstract blur image of supermarket background. Bar charts and graphs. Price grocery rises. Inflation concept. Decreasing retail industry business. Finance and Economy. Store.

NVS/iStock via Getty Images

US consumer sentiment sank about 11% this month, extending a decline that began with the start of the Iran conflict, and is currently about 9% below a year ago.

Demographic groups across age, income, and political party

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