Consumer Confidence Falls Less Than Expected in April

April 29, 2008 – 4:39 am

The Conference Board's consumer confidence index fell to 62.3 in April's report on Tuesday, confirming declines seen earlier in the month from other measures of consumer sentiment, yet coming in slightly higher than the consensus expectation of 62.0.

The previous month's reading of 64.0 was revised upwards to 65.9.

Following a 35-year low in the previous month, the expectations category saw...

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