U.S. Consumer Confidence Deteriorates Sharply In April But Expectations Improve

Consumer confidence in the U.S. deteriorated significantly in the month of April, according to a report released by the Conference Board on Tuesday, although the report also showed an improvement in consumer expectations. The Conference Board said its consumer confidence index plunged to 86.9 in April after tumbling to a downwardly revised 118.8 in March.Original Article