Economics
U.S. Consumer Confidence Eases as Inflation Surges
- Conference Board index declines slightly to 107.3 in April
- Future expectations improved, but offset by worse present view
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U.S. consumer confidence eased in April as views on current conditions slightly worsened, offsetting more optimistic future expectations.
The Conference Board’s index decreased to 107.3 from an upwardly revised 107.6 reading in March. The median forecast in a Bloomberg survey of economists called for a reading of 108.2.