FOREX TradingCharts.com

Financial News: U.S. Consumer Sentiment Dips Less Than Initially Estimated

U.S. Consumer Sentiment Dips Less Than Initially Estimated In April

04/26/2019 - 10:14:00 (RTTNews)

(RTTNews) - Revised data released by the University of Michigan on Friday showed U.S. consumer sentiment dipped by slightly less than initially estimated in the month of April.

The consumer sentiment index for April was upwardly revised to 97.2 from the preliminary reading of 96.9, although the index remains below the final March reading of 98.4. Economists had expected the index to be upwardly revised to 97.0.

Surveys of Consumers chief economist Richard Curtin noted the index has recorded only small monthly variations since President Donald Trump first took office, remaining between 95.0 and 99.0 for 21 of the past 28 months.

"Variations within plus or minus 2.0 percentage points for the Sentiment Index meant that most of the monthly changes were statistically insignificant," Curtin said.

He added, "The last time consumer sentiment was as favorable for as long a period of time was during the late stages of the Clinton expansion."

The report said the current economic conditions index edged down to 112.3 in April from 113.3 in March, while the index of consumer expectations dipped to 87.4 from 88.8.

On the inflation front, one-year inflation expectations were unchanged from the previous month at 2.5 percent, but five-year inflation expectations fell to 2.3 percent in April from 2.5 percent in March.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


OECD Trims Global Growth Outlook On Trade Disputes (22 min(s), 23 sec(s) ago)
(RTTNews) - The Organization for Economic Co-operation and Development lowered the 2019 global gro ...Full Story»

Slovenia Output Prices Rise In April (02 hr(s), 07 min(s), 23 sec(s) ago)
(RTTNews) - Slovenia output prices rose in April, figures from the Statistical Office of the Repub ...Full Story»

UK Manufacturing Orders Lowest Since Late 2016: CBI (02 hr(s), 27 min(s), 23 sec(s) ago)
(RTTNews) - UK manufacturing orders hit its lowest level since October 2016, the Industrial Trends ...Full Story»

Thailand Cuts Outlook After Economy Logs Weakest Growth Since 2014 (03 hr(s), 37 min(s), 23 sec(s) ago)
(RTTNews) - The Thai economy grew at the slowest pace in more than four years in the first quarter ...Full Story»

OECD Downgrades 2019 Global Growth Projection (03 hr(s), 50 min(s), 23 sec(s) ago)
(RTTNews) - The Organization for Economic Co-operation and Development downgraded the global growt ...Full Story»

Turkey Consumer Confidence Eases In May (04 hr(s), 55 min(s), 23 sec(s) ago)
(RTTNews) - Turkey's consumer confidence eased in May after rising in the previous month, figu ...Full Story»

Denmark Consumer Confidence At 8-Month High (05 hr(s), 07 min(s), 23 sec(s) ago)
(RTTNews) - Denmark's consumer confidence grew to the highest level in eight months in May, su ...Full Story»

New Zealand Credit Card Spending Rises In April (05 hr(s), 42 min(s), 23 sec(s) ago)
(RTTNews) - New Zealand's credit card spending increased in April, after falling in the previo ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

OECD Trims Global Growth Outlook On Trade Disputes

05/21/2019 - 08:56 AM (RTTNews)
(RTTNews) - The Organization for Economic Co-operation and Development lowered the 2019 global gro ...Full Story>>

Slovenia Output Prices Rise In April

05/21/2019 - 07:11 AM (RTTNews)
(RTTNews) - Slovenia output prices rose in April, figures from the Statistical Office of the Repub ...Full Story>>

UK Manufacturing Orders Lowest Since Late 2016: CBI

05/21/2019 - 06:51 AM (RTTNews)
(RTTNews) - UK manufacturing orders hit its lowest level since October 2016, the Industrial Trends ...Full Story>>

Thailand Cuts Outlook After Economy Logs Weakest Growth Since 2014

05/21/2019 - 05:41 AM (RTTNews)
(RTTNews) - The Thai economy grew at the slowest pace in more than four years in the first quarter ...Full Story>>

OECD Downgrades 2019 Global Growth Projection

05/21/2019 - 05:28 AM (RTTNews)
(RTTNews) - The Organization for Economic Co-operation and Development downgraded the global growt ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.