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Consumer Sentiment Hits Record Low, Michigan Survey Shows

  • Consumer sentiment fell in April to a record low of 47.6, the lowest in the University of Michigan’s 74-year survey history.
  • The initial April reading of 47.6 was down from 53.3 in March, driven by concerns about the Iran war’s impact on the economy.
  • The April results, based on March 24-April 6 interviews, are below the prior low of 50 recorded in June 2022.

 

Canada’s Unemployment Rate Steadies With Modest Recovery in Hiring

  • Canada added 14,100 jobs in March, holding the unemployment rate at 6.7% amid a modest labor force expansion.
  • The steadying of the job market comes after nearly 109,000 jobs were lost in the first two months of 2026.
  • Average hourly wages increased 4.7% from a year earlier, the strongest advance since October 2024.

Taiwan Exports Accelerate Sharply in March Despite Mideast Tensions

  • Taiwan’s exports surged 61.8% in March from a year earlier, driven by sustained demand for artificial-intelligence applications.
  • Exports of electronic products rose 44% and information and communication products increased 134.5% in March.
  • Persistently high energy prices and a potential helium supply squeeze could weigh on Taiwan’s chip makers.

 

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