University of Michigan Consumer Survey Center Reports Consumer Sentiment Fell in April

The University of Michigan’s Consumer Survey Center (CSC) has polled 600 household on their financial situation and their attitude about the economy. The CSC is reporting that their Consumer Sentiment Index (CSI) fell for the third straight month, as consumers weigh the impacts of the COVID-19 pandemic and their hope that an economic re-opening may be coming sooner, rather than later. The March CSI is at a level of 71.8, down from 89.1 in March. Economists polled by Dow Jones had expected the CSI to be at 67.