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
Most Viewed Companies
Ticker Price Volume
GFH 0.21
SECO 14.74 5,260,462
DARALARKAN 12.5 47,357,023
ADIB 6.78 826,911
NBAD 15.05 1,349,794
TRADEUNION 28.3 1,588,836
EMAAR 10.25 10,318,534
Recent News

TAQA secures $200 million Samurai loan to refinance bonds
The Abu Dhabi market index ADXGI finished the second week of April with a day gain of 0.50 per cent, closing at 5,156.65 points on Thursday, April 17. The shares of Abu Dhabi National Energy Company

Developers gain as lenders lose at Dubai market
The Dubai Financial Market General Index (DFMGI) advanced by 0.72 per cent to close at 4,762.21 points on Thursday, April 17. The gauge gained 150 per cent in the past 12 months and showed few signs

Saudi PetroRabigh Says Unit Shutdown Extended To April 25
Saudi Arabia’s PetroRabigh will extend the shutdown of a vacuum gas oil treatment unit to April 25, the company said.

The joint venture between Saudi Aramco and Japan’s Sumitomo Chemical s

Qatar Stock Exchange up 0.78pc
Qatar Exchange added 97.12 points (or 0.78pc) when the bourse closed at 12,550.98 points Thursday afternoon.

The volume of the shares traded was up to 37,110,091 from 35,161,071 on Wednesd

SABIC CEO meets Chinese Premier during Boao Forum for Asia
Mohamed Al-Mady, SABIC Vice Chairman and CEO, interacted with Li Keqiang, Premier of People's Republic of China, on several occasions during the Boao Forum for Asia (BFA) Annual Conference 2014 in Ha

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

Poll

Are you satisfied with your full-service broker?