American consumer confidence saw a dip in April. This decline marks the fourth consecutive month of weakening sentiment. Concerns about tariffs and potential inflation are the main drivers. The University of Michigan survey reveals worries about the economy.

Expectations fell across the board, but the decline was particularly prominent among middle-income families. Prices remain a top concern.

US consumer sentiment fell to one of the lowest readings on record and long-term inflation expectations climbed to the highest since 1991 on fears of the economic fallout from tariffs.