The US consumer sentiment index declined in April

The consumer sentiment index in the United States declined in April, but at the same time it is near its 16-year peak.

The Conference Board Consumer Confidence Index®, which had increased in March, declined in April. The Index now stands at 120.3 (1985=100), down from 124.9 in March. The Present Situation Index decreased from 143.9 to 140.6 and the Expectations Index declined from 112.3 last month to 106.7.

The monthly Consumer Confidence Survey®, based on a probability-design random sample, is conducted for
The Conference Board by Nielsen, a leading global provider of information and analytics around what consumers buy and watch. The cutoff date for the preliminary results was April 13. (MTI)