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Consumer confidence hit 82.3 in April, versus 83 estimate

Shoppers flocked to the South Shore Plaza mall in Braintree, MA.
Dina Rudick | The Boston Globe | Getty Images
Shoppers flocked to the South Shore Plaza mall in Braintree, MA.

U.S. consumer confidence dipped in April as consumers were discouraged by business and labor market conditions, according to a private sector report released on Tuesday.

The Conference Board, an industry group, said its index of consumer attitudes fell to 82.3 in April from an upwardly revised 83.9 in March. Economists had expected a reading of 83.0, according to a Reuters poll.

(Click here to track the U.S. stock following the report.)

March was originally reported as 82.3.

The expectations index rose to its highest since August, hitting 84.9 in April from an upwardly revised 84.8 in March, while the present situation index fell to 78.3 versus an upwardly revised 82.5 last month.

The "jobs hard to get" index rose 32.5 percent from 31.4, revised from 33.0.

Contact US Economy

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