Consumer sentiment decreased in the United States
Consumer sentiment in the United States deteriorated to an unprecedented extent and even more than expected in April as a result of the new coronavirus pandemic – according to a standard monthly survey by the University of Michigan.
According to preliminary data released on Thursday, the value of the consumer sentiment index fell by 18.1 points to 71.0 points from 89.1 points in March. Analysts expected a better value of 75.0 points.
Such a strong monthly decline has never been recorded. The sentiment index fell by 30 points in April and March, which is 50 percent more than the previous record. (MTI)
Related news
Consumer sentiment in the euro area improved to a more than two-year high in April
Consumer sentiment in the eurozone improved somewhat less than expected,…
Read more >Instead of the expected improvement, consumer sentiment in Germany worsened
Instead of the expected improvement, the German consumer sentiment index…
Read more >Croatian farmers demonstrate for the sixth day due to government measures aimed at curbing the swine fever epidemic
In Croatia, farmers are protesting for the sixth day due…
Read more >Related news
The quarterly results of the SZÉP card confirm the entrepreneurs’ proposal
According to the announcement issued by the Ministry of National…
Read more >Grant Thornton survey: Flexibility and an inclusive work environment can help retain accountants
Not only recruitment, but also retention poses serious challenges to…
Read more >Emmi acquires majority stake in Brazilian dairy producer from Coca-Cola
Emmi Group’s Brazilian subsidiary, Laticínios Porto Alegre, will acquire a…
Read more >