NEW YORK (TheStreet) -- Consumer confidence improved in April, according to The Conference Board's Consumer Confidence Index.
The Index now stands at 65.4, up from a revised 63.8 in March and better than the consensus expectation, which was 64.4, according to
. The previous March reading was 63.4.
"Consumers' short-term outlook improved slightly, suggesting that the uncertainty expressed last month is easing," said Lynn Franco, director of The Conference Board Consumer Research Center. Although confidence remains weak, consumers' assessment of current conditions gained ground for the seventh straight month, "a sign that the economic recovery continues," Franco said.
While expectations among consumers that business conditions will improve over the next six months declined to 18.8% from 20.8%, those anticipating business conditions to worsen decreased to 14.2% from 15.5%.
Consumers were mixed about labor market outlook for the next six months. Those expecting more jobs in the months ahead declined to 17.5% from 19.6%, while those anticipating fewer jobs declined to 19% from 20.5%.
-- Written by Andrea Tse in New York.
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