Consumer Confidence Rebounds In April And Beats Expectations

marquette university basketball

AP Images

Headline: 65.4Consensus: 65.0

Analysis: Consumer confidence, as measured by the Conference Board, dove in March due to rising oil prices.

It was at 72 in February, and fell back to 63.4 in March. That March number has been revised up slightly, to 63.8.

This is a slight bounce back, but continues to suggest higher gas prices are weighing on U.S. consumers.

Don’t miss: 24 signs of economic decline in America >

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at