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American Confidence in Economy Slips
U.S. consumers are a bit more pessimistic about the country's financial condition this month because of weaker job creation and high gasoline prices, according to the New York City-based Conference Board.
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U.S. consumers are a bit more pessimistic about the country's financial condition this month because of weaker job creation and high gasoline prices, according to the New York City-based Conference Board.
The research group says the April percentage of households planning to buy a vehicle fell to the lowest level since November 2010.
The board's consumer confidence index dipped to 69.2 this month from a downwardly revised 69.5 in March. Its gauge of current conditions rose modestly to 51.4, the highest reading since September 2008. A measure of future prospects posted a small decline.
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