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The University of Michigan consumer sentiment for the US unexpectedly jumped to 65.7 in April of 2022 from an eleven-year low of 59.4 in March, preliminary estimates showed. Figures also beat market forecasts of 59, with the expectations index surging by 18% to 64.1. Perhaps the most surprising change was that consumers anticipated a year-ahead increase in gas prices of just 0.4 cents in April, completely reversing March's surge to 49.6 cents. The current conditions gauge also increased to 68.1 from 67.2. Meanwhile, inflation expectations were unchanged for both the year-ahead (5.4%) and the five-year outlook (3%). Nonetheless, the April survey offers only tentative evidence of small gains in sentiment, which is still too close to recession lows to be reassuring. There are still significant sources of economic uncertainty that could easily reverse the April gains, including the impact on the domestic economy from Putin's war, and the potential impact of new covid variants. source: University of Michigan"
So where is the uptick in President Biden's approval rating versus these sleazy pro tRump gutter polls that relentlessly spew out trash of disinformation, anti-Biden and anti-American propaganda and other sleaze of fake facts?
https://tradingeconomics.com/united-states/consumer-confidence
U.S. Consumer Confidence Index Jumps To Highest Level In Over A Year
(RTTNews) - Reflecting a significant improvement in consumers' assessment of current conditions, the Conference Board released a report on Tuesday showing U.S. consumer confidence reached its highest level since February of 2020 in the month of April.
The Conference Board said its consumer confidence index jumped to 121.7 in April after spiking to a revised 109.0 in March.
Economists had expected the consumer confidence index to rise to 112.0 from the 109.7 originally reported for the previous month.
The much bigger than expected increase by the headline index came as the present situation index soared to 139.6 in April from 110.1 in March.
The percentage of consumers claiming business conditions are "good" rose to 23.3 percent from 18.3 percent, while the percentage claiming conditions are "bad" fell to 24.8 percent from 30.1 percent."
https://www.nasdaq.com/articles/u.s...ps-to-highest-level-in-over-a-year-2021-04-27
So where is the uptick in President Biden's approval rating versus these sleazy pro tRump gutter polls that relentlessly spew out trash of disinformation, anti-Biden and anti-American propaganda and other sleaze of fake facts?
https://tradingeconomics.com/united-states/consumer-confidence
U.S. Consumer Confidence Index Jumps To Highest Level In Over A Year
(RTTNews) - Reflecting a significant improvement in consumers' assessment of current conditions, the Conference Board released a report on Tuesday showing U.S. consumer confidence reached its highest level since February of 2020 in the month of April.
The Conference Board said its consumer confidence index jumped to 121.7 in April after spiking to a revised 109.0 in March.
Economists had expected the consumer confidence index to rise to 112.0 from the 109.7 originally reported for the previous month.
The much bigger than expected increase by the headline index came as the present situation index soared to 139.6 in April from 110.1 in March.
The percentage of consumers claiming business conditions are "good" rose to 23.3 percent from 18.3 percent, while the percentage claiming conditions are "bad" fell to 24.8 percent from 30.1 percent."
https://www.nasdaq.com/articles/u.s...ps-to-highest-level-in-over-a-year-2021-04-27
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