The U.S. economy currently presents two different perspectives. Sentiment indicators—the “soft data” that measures how people feel—are trending cautious. For example, the University of Michigan Consumer Sentiment Index declined to 52.2 in April, reaching its lowest level since July 2022. Many consumers are expressing concern about potential price increases related to new tariffs. Business sentiment shows similar hesitation
regarding trade policies, which could potentially increase costs and influence spending decisions.
Interested in the rest? Click here to read more
First County Advisors products and services are not insured by the FDIC, are not
deposits or other obligations of, or guaranteed by First County Bank, and are subject to
investment risks, including possible loss of principal amount invested.
