A survey conducted by Coresight Research indicated that higher-income and younger consumers in the United States remain most optimistic about the economy and personal finances.
In terms of consumer sentiment, high-income consumers, with a household income of over $100,000, constitute the only group that turned positive on the economy during the month of April, although only by 0.3%. Middle-earning consumers exhibited the largest year-to-date decline, down 23 points, among income groups to a negative 20.7% by April 21 and just below the negative 18.6% for low-income consumers, with household incomes below $50,000.
In the meantime, consumers 30-44 had the most upbeat economic outlook, positive 2.6%. Although at a negative 5.1%, consumers 18-29 still felt better than 45-60 year olds, negative 12.8%, and over 60s, negative 24.7%.
Overall, sentiment across all income and age groups eroded since the beginning of 2025.
According to Coresight, the 90-day pause on tariffs temporarily eased consumer worries, especially for affluent and urban consumers. The market researcher noted that high-income segment sentiment turning net positive may be a leading indicator that signals an economic uptrend if macro conditions stabilize.
