Consumers lose confidence in economic turnaround

Consumer confidence deteriorated further in April as weak business and job conditions and rising food and gas prices force Americans to tighten their spending, The Conference Board reported today.

The Consumer Confidence Index fell to 62.3 this month from a reading of 65.9 in March, with the Present Situation Index diving 10 points, from 90.6 to 80.7.

more...

To continue reading sign in to your Premium Member account.

Premium Members have full access to all news archives.

Buy Now Purchase 1-year Premium Membership - $149.95

OR

Buy Now Purchase Monthly Premium Membership - $19.95

All rights reserved. This content may not be used or reproduced in any manner whatsoever, in part or in whole, without written permission of Inman News. Use of this content without permission is a violation of federal copyright law.