2016-04-26 — wsj.com
A gauge of U.S. consumer confidence declined in April, a sign of caution that could restrain the broader economy. The Conference Board's consumer-confidence index fell to 94.2 in April from a downwardly revised 96.1 in March, the group said Tuesday. Economists surveyed by The Wall Street Journal had expected an April reading of 96.0.
"Consumers' assessment of current conditions improved, suggesting no slowing in economic growth," said Lynn Franco, the group's director of economic indicators. "However, their expectations regarding the short-term have moderated, suggesting they do not foresee any pickup in momentum."
But home prices are up! What don't people get?!
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