U.S. consumer confidence points to “solid” growth ahead

The University of Michigan’s Index of Consumer Sentiment is one of two monthly U.S. consumer sentiment indices, the other being the Conference Board’s Consumer Confidence Survey. It covers personal finances, business conditions and buying conditions. The latest April survey indicates U.S. consumers consider both current and prospective conditions are slightly more favourable than in March. Readings are well above average and respondents reported more positive views with regards to business...

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