• Thomson Reuters/University of Michigan final consumer sentiment index is 95.9 in April

Market news

4 May 2015

Thomson Reuters/University of Michigan final consumer sentiment index is 95.9 in April

The Thomson Reuters/University of Michigan's final consumer sentiment index was 95.9 in April, missing expectations for a rise to 96.0, up from the preliminary estimate of 93.0.

The Surveys of Consumers chief economist at the University of Michigan Richard Curtin said the U.S. consumer sentiment index in April reached its second highest level since 2007.

"Consumer optimism has become increasingly dependent on the persistence of low inflation and low interest rates as well as slowly improving prospects for jobs and incomes," he added.

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