Consumer spending in the U.S. showed signs of weakening in April, following a strong period earlier this year, as economic concerns continue to weigh on household finances. According to recent data from BlockBeats, despite moderate inflation, consumer activity slowed in April. The core Personal Consumption Expenditures (PCE) price index, which tracks inflation, increased by 2.5% year-over-year in April, marking the lowest annual growth rate in over four years. This decline reflects lingering anxieties among U.S. consumers after experiencing a weak consumer spending quarter last year. Despite high tariffs on imported goods not yet impacting prices significantly, consumer sentiment has dipped to historic lows, and personal financial outlooks are at all-time lows. A separate report on Friday highlighted the narrowing of the U.S. goods trade deficit in April. Import volumes fell by 19.8%, a record drop, contributing to this positive development.