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U.S. Economy: Consumer Sentiment Weakens More Than Anticipated
By Bob Willis
April 25 (Bloomberg) -- U.S. consumer confidence fell more than forecast in April to a 26-year low as record gasoline prices and rising unemployment threaten to reduce spending.
The Reuters/University of Michigan sentiment index decreased to 62.6, from 69.5 the previous month. The measure was down from a preliminary estimate of 63.2 issued on April 11.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aWR0yVu.0d6g&refer=worldwide
By Bob Willis
April 25 (Bloomberg) -- U.S. consumer confidence fell more than forecast in April to a 26-year low as record gasoline prices and rising unemployment threaten to reduce spending.
The Reuters/University of Michigan sentiment index decreased to 62.6, from 69.5 the previous month. The measure was down from a preliminary estimate of 63.2 issued on April 11.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aWR0yVu.0d6g&refer=worldwide