U.S. Michigan Consumer Sentiment Decreased to 75.7 in Apr


14/04/2012 09:26 AST  Bloomberg

Confidence among U.S. consumers cooled in April from a one-year high, a sign the moderation in job growth may limit the biggest part of the economy.

The Thomson Reuters/University of Michigan’s preliminary index of sentiment dropped to 75.7 from 76.2 last month. The measure was projected to be unchanged, according to a median forecast in a Bloomberg News survey of economists.

Tempered optimism follows the slowest month of job growth since October and a drop in weekly earnings that may restrain household purchases that account for about 70 percent of the economy. Another report showed consumer prices advanced at a slower pace in March, giving Federal Reserve policy makers room to maintain low borrowing costs.

For more on this Click Here

Global News
2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | News Archive

JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV
Most Viewed Companies
Ticker Price Volume
EEC 56.25 5,424,281
EMAAR 11.3 23,638,996
EXTRA 105 244,083
SABIC 104 3,983,896
RIBL 18.75 937,143
SECO 16.35 1,429,482
NWRS 0.74 413,870
Recent News

Batelco as a Gateway into and from the Middle East
Batelco , the Kingdom's leading integrated communications services provider, is employing its vast experience and knowledge to expand its varied services to businesses of all sectors around the glob

Dubai Leads Mideast Gains After Stimulus, Oil; Abu Dhabi Rises
Dubai shares advanced the most in three days, led by Emaar Properties PJSC (EMAAR), as central banks from China to Europe take additional stimulus measures and oil gained. Abu Dhabi’s measure increas

SABIC heads Saudi rally as oil price rise supports
Saudi Arabia's bourse rose in early trade on Sunday as most stocks gained after oil prices edged up and global equities rallied on Friday.

The main Saudi index added 1.0 percent as shares

EDB participates at Frankfurt Euro Finance Week
Officials from the Economic Development Board (EDB) are in Frankfurt/Main this week to attend the annual Frankfurt Euro Finance Week 2014 in the period November 17-21. Dr. Jarmo Kotilaine, Chief Eco

Islamic finance Assets Pegged At $1.9 Tln As Of H1, 2014
For the past fifty years, Islamic finance as an industry has been steadily widening its geographical outreach, serving both sovereign and corporate clients. Throughout this period, Islamic finance ha

GulfBase GCC Index
Search By
  • Company Symbol
  • Company Name
  • Mutual Fund Name
  • News Content
Send this page to a friend

Poll

Which of the following do you think is the best long-term investment?