Consumer Sentiment in U.S. Rose in April to Nine-Month High

Lock
This article is for subscribers only.

Consumer confidence rose in April to a nine-month high, showing Americans are growing more upbeat about the economy as the labor market gains traction.

The Thomson Reuters/University of Michigan final index of sentiment increased to 84.1 from a four-month low of 80 in March. The median projection in a Bloomberg survey of economists called for 83 after a preliminary April reading of 82.6.