Consumer Sentiment in U.S. Rises to Highest Level Since July
This article is for subscribers only.
Consumer confidence rose in April to the highest level since July, boosted by further improvement in the labor market that will provide some traction for the economy after a weather-related slowdown early this year.
The Thomson Reuters/University of Michigan preliminary index of sentiment climbed to 82.6 this month from a four-month low of 80 in March. The median estimate in a Bloomberg survey of economists called for the measure to increase to 81.