Thursday, February 22

US Consumer Confidence in the Economy Went Down in April

US consumer confidence in the economy went down in April. Market researcher Conference Board announced this.


Americans are concerned, among other things, about the labour market and household incomes as a result of measures to control the corona outbreak in the United States.

The measure of confidence reflects a score of 86.9; the lowest level since 2014. The decline from March to April was also the strongest in 47 years.

The indicator thus roughly came to the position that economists generally expected. They counted on a score of 87.

In March, consumer confidence fell to a revised figure of 118.8. Earlier, a score of 120 was reported there.

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