Consumer Confidence Index Declines More Than 5 Points In April

The Conference Board’s Consumer Confidence Index, which had declined in March, lost more ground in April. The Index now stands at 97.7 (1985=100), down from 103 in March. The Present Situation Index declined to113.6 from 117. The Expectations Index declined to 87.2 from 93.7.

“Less robust current conditions and a more cautious outlook have consumers feeling less confident in April than in March,” said Lynn Franco, director of The Conference Board’s Consumer Research Center. “Despite t

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