Conference Board Consumer Confidence Index Improves
The Conference Board Consumer Confidence Index, which had declined in March, increased in April. The index now stands at 68.1 (1985=100), up from 61.9 in March. The Present Situation Index increased to 60.4 from 59.2. The Expectations Index improved to 73.3 from 63.7 last month.
Consumers’ assessment of current conditions improved moderately in April. Those saying business conditions are “good” increased to 17.2% from 16.4%, while those stating business conditions are “bad” decreased to 28.1% from 29.1%.