April consumer confidence dips
ANN ARBOR--Consumer confidence decreased slightly at the end of April compared
to March, according to the University of Michigan 's full-month report on consumer sentiment.
The report’s index for the end of April stood at 93, a decrease from the 94.4 reading in its preliminary report at mid-month. At the end of March, the index was 95.7.
The University's index for consumer expectations fell to 89.1 in April from 90.2 in the mid-month report. The March level was 92.7.
The current conditions index for April dropped to 99.2 from 100.9 in the mid-month report and from 100.4 reported for the end of March.
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