This Month, Consumer Confidence In The United States Is Expected To Be Lower Than Expected. Job Inflation Worries Are Decreasing.
Beijing time on April 26th evening news, the The Conference Board released the April consumer confidence report shows that the U.S. consumer concerns about employment and inflation decline, and promote consumer confidence index rose and exceeded the market expectations.
The Bureau of economic services pointed out that the consumer confidence index in April was 65.4 points, which exceeded 63.8 points in March. According to a survey by Thomson Reuters, Economist On average, the index for April will increase to 64.8.
Prior to March, consumer confidence index came out. Expectation The drop in the ratio is mainly due to consumers' concerns about the rise in gasoline prices and other household expenses. However, in the five months before March, the consumer confidence index continued to rise, and the index in February this year hit a new high of three years.
Although the index in April exceeded expectations, the 65.4 point was still significantly lower than the 90 indication of the economy in a healthy state. Since the US economy plunged into a recent recession in December 2007, consumer confidence has never reached 90 points.
The Bureau of economic services said that in April, consumers' perceptions of income and employment market were improved, and they were right. Inflation rate Expectations have declined.
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