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U.S. Consumer Sentiment Hits 1952 Low, K-Shaped Divide

4/28/2026

Summary

Story summary

The University of Michigan Consumer Sentiment Index fell to 49 points in April 2026, the lowest since 1952.
Economists label the U.S. economy “K-shaped,” with lower-income households cutting spending while wealthier ones increase it.
Financial advisor Brie Mason said the United States has not entered a technical recession.
Mason warned that anxiety driving low confidence predates the war in Iran and advised consumers to keep a three-to-six-month emergency fund.

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Story summary

The University of Michigan Consumer Sentiment Index fell to 49 points in April 2026, the lowest since 1952.
Economists label the U.S. economy “K-shaped,” with lower-income households cutting spending while wealthier ones increase it.
Financial advisor Brie Mason said the United States has not entered a technical recession.
Mason warned that anxiety driving low confidence predates the war in Iran and advised consumers to keep a three-to-six-month emergency fund.