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: Mortgage Lender Implode-o-Meter

consumer confidence

By Implode-Explode Heavy Industries

"The April Conference Board Consumer Confidence # was a much better than expected 39.2, almost 10 pts better than forecasted and up from a revised 26.9 in March. It?s the highest level since Nov ?08 and the questionnaire was likely filled out a few weeks ago but definitely reflects the sense of a slowdown in the economic deterioration and rally in the capital markets. BUT, most of the gain was in the Expectations component which rose 19.3 pts as hope reigns supreme."

Full post as published by Mortgage Lender Implode-o-Meter on April 28, 2009 (boomark / email).