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Consumer confidence is likely to have declined noticeably again in April

Posted by BHF-Bank in April 28th 2008  
Q1 GDP could have decreased slightly for the first time since 2001 FOMC is likely to slow the pace of interest rate cuts PCE core deflator will probably only have gone up moderately in March ISM manufacturing index could have plunged to a four-year low in April Non-farm payrolls could have fallen by about 80k again in April Since peaking in July 2007, the Conference Board’s consumer confidence has already fallen by about 50 points to 64.5, but it is unlikely to have bottomed out yet: we Read More...

Filed under: Fundamental