Friday, April 13, 2007

Consumer sentiment at 8-month low: survey

(Reuters) - The April result was the lowest since 82.0 in August 2006 and marked the third straight fall in the index. The median forecast among analysts polled by Reuters was 87.5. The 63 forecasts ranged from 84.5 to 90.0.

"Consumer confidence declined in early April due to rising gas prices and falling home prices," a statement accompanying the Reuters/University of Michigan data said.


Read more at Reuters.com Business News

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