Updated: 27-Apr-21 10:15 ET
| April Consumer Confidence |
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| Updated: 27-Apr-21 10:15 ET |
Highlights
- The Conference Board's Consumer Confidence Index jumped to 121.7 in April (Briefing.com consensus 113.5) from a downwardly revised 109.0 (from 109.7) in March.
- The April reading is the highest since February 2020.
Key Factors
- The Present Situation Index surged to 139.6 from 110.1.
- The Expectations Index edged up to 109.8 from 108.3.
Big Picture
- The key takeaway from the report is that it reflects a clear improvement in attitudes about current conditions, which have been fueled by increased vaccination rates, the receipt of stimulus checks, and reopening activity that is leading to increased hiring activity.
| Category | APR | MAR | FEB | JAN | DEC |
| Conference Board | 121.7 | 109.0 | 90.4 | 88.9 | 87.1 |
| Expectations | 109.8 | 108.3 | 90.9 | 91.2 | 87.0 |
| Present Situation | 139.6 | 110.1 | 89.6 | 85.5 | 87.2 |
| Employment ('plentiful' less 'hard to get') | 24.7 | 8.0 | -0.8 | -2.5 | -1.9 |
| 1 yr inflation expectations | 6.7% | 6.7% | 6.5% | 6.0% | 6.0% |