Consumer Confidence Falls Again

After a severe drop in March, the Consumer Confidence Index dipped

again in April to a reading of 62.3. The index has been on a downward trend since the beginning of the year. Lynn Franco, director of The Conference

Board Consumer Research Center, attributed the decline in part to the

rise in gas prices and heightened

inflation expectations.

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87.8   88.6   87.3   75   64.5   62.3
Nov.   Dec.   Jan.   Feb.   Mar.   Apr.

Source: The Conference Board