Mexican Media Brands
American Consumer Confidence at One-Year High
U.S. consumers are the most upbeat about economic conditions than they have been since last April, University of Michigan says.
#economics
Share
U.S. consumers are the most upbeat about economic conditions than they have been since last April, University of Michigan says.
The university's consumer confidence index rose to 76.4 this month from 76.2 in March. The Michigan researchers say declining gasoline prices and hopes of an improving job market are contributing to the optimism.
The gauge of future expectations increased. But the measure of current conditions fell.
The university's findings run counter to those reported last week by the Conference Board, which says confidence dipped slightly in April.
RELATED CONTENT
-
Porsche Doubles EV Target for 2025
Porsche AG says about half the vehicles it sells by 2025 will be equipped with hybrid or all-electric powertrains, twice the ratio it forecast four weeks ago.
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future
-
Report Forecasts Huge Economic Upside for Self-Driving EVs
Widespread adoption of autonomous electric vehicles could provide $800 billion in annual social and economic benefits in the U.S. by 2050, according to a new report.