The University of Michigan announced that the Consumer Confidence Index in its final reading rose to 97.2 in April from 96.9 in the previous estimate and came in slightly better than the market expectation of 97. Key takeaways from the press release When asked about their financial prospects for the year ahead, 44% of consumers anticipated improvements compared with just 8% who expected worsening finances. This was the best overall reading since 2004. When asked about longer term financial prospects, 60% reported in the April survey that they expected to be better off financially over the next five years. The data indicate that inflation-adjusted personal consumption expenditures will grow by 2.5% in 2019. April (final) results Index of Consumer Sentiment at 97.2 vs 98.4 in March. Index of Current Economic Conditions at 112.3 vs 113.3 in March. Index of Consumer Expectations at 87.4 vs 88.8 in March. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Bitcoin Technical Analysis: BTC/USD bounced off a critical support line FX Street 3 years The University of Michigan announced that the Consumer Confidence Index in its final reading rose to 97.2 in April from 96.9 in the previous estimate and came in slightly better than the market expectation of 97. Key takeaways from the press release When asked about their financial prospects for the year ahead, 44% of consumers anticipated improvements compared with just 8% who expected worsening finances. This was the best overall reading since 2004. When asked about longer term financial prospects, 60% reported in the April survey that they expected to be better off financially over the next five years. The… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
