U.S. Consumer Sentiment Index Upwardly Revised But Remains At Record Low In April

Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by less than previously estimated in April but still hit a record low.

The University of Michigan said its consumer sentiment index for April was upwardly revised to 49.8 from the preliminary reading of 47.6. Economists had expected the index to be unrevised.

by RTTNews Staff Writer

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