The Collapse of Democrat Confidence in the Economy
Consumer sentiment improved slightly in late April compared with the preliminary reading earlier in the month. But in a far more important development, sentiment remains deeply depressed—and the division between Democrats and Republicans has reached historic, almost unimaginable levels.
According to the University of Michigan’s latest survey, the final reading of the Consumer Sentiment Index stood at 52.2 in April, up modestly from the mid-month figure but still the lowest since July 2022. Beneath the headline, the political breakdown tells the real story: sentiment among Democrats collapsed to 34.4, the lowest level ever recorded for any partisan group in the survey’s decades-long history.
The Expectations Index for Democrats—how they feel about the future—dropped to an
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