According to a survey conducted by the University of Florida Bureau of Economic and Business Research, consumer confidence fell by one point in April to 79.
Three of the five components making up the score decreased, with the one year outlook on personal finances taking a six point hit to 77. The one year outlook on the U.S. economy fell five points to 77 and the perception of personal finances compared to a year ago fell three points to 69. The other two components saw gains, with the five year outlook on the US economy jumping five points to 82 and perceptions of whether now is a good time to buy big-ticket items going up three points to 89.
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