A University of Michigan of Michigan survey Friday found consumer sentiment plunged 11% in April for the fourth straight month of decline. It fell to 50.8.

Key Facts The consumer sentiment index’s preliminary reading of 50.8 for April dropped from last month’s 57, coming in below economists’ consensus forecast of 54.

Consumer sentiment plunged 11% this month to a preliminary reading of 50.8, the University of Michigan said in its latest survey released Friday, the second-lowest reading on records going back to ...

In another consumer confidence survey, from The Conference Board in March, Americans said they expect prices to rise by 5.1% in the next year. “Forecasting where inflation was headed since the ...