Consumer Confidence Slips In April
Consumer confidence fell slightly in April, the second straight monthly decline, as a stuttering economic recovery kept purse strings tight, according to a survey released Tuesday.
The Conference Board, a private research group, said that its Consumer Confidence Index fell to 69.2, down from a revised 69.5 in March. Economists were expecting a reading of 69.7, according to a Reuters poll. The current level is below a reading of 71.6 in February -- the highest level it has been in a year, the Associated Press reported.