13 April 2006, 16:46  Michigan consumer sentiment survey expected to have a slight increase

The early April Michigan consumer sentiment survey is expected to show little change from March with a reading of 88. “The University of Michigan's measure of consumer confidence is expected to grow once again for the current month as employment conditions continue to improve,” stated Richard Lee, currency analyst at Forex Capital Markets LLC. “However, with the market consensus suggesting a modest rise to 89.0 from March's large increase to 88.9, it is obvious there are conflicting factors playing on citizens' sentiment,” he concluded. The final March index was 88.9, up from the February index level of 86.7, but still below the readings of 91.2 in January and 91.5 in December

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