On April 30, the Conference Board's consumer confidence index fell for the third consecutive month in April, falling to 97.0 from 103.1 in March. Despite three consecutive months of decline, the index has remained sideways Fluctuation in a relatively narrow range, remaining largely stable for two long. The Current Situation Index falls to 142.9 from 146.8, which was revised downwards in March, and the Expectations Index falls to 66.4 from 74.0, which was revised upwards in March. An expectation index below 80 is usually a sign of an impending recession. Dana M. Peterson, chief economist at the Conference Board, said: "The confidence index fell further in April, fall to its lowest level since July 2022, as consumers' optimism about current labor market conditions declined and concerns about future business conditions, jobs and incomes increased. ”
