The results of the April US consumer confidence report from the Conference Board:
- Prior reading was 59.7 (revised to 61.9)
- It’s the highest reading since November
![consumer confidence April 2013](http://az705044.vo.msecnd.net/20130430/consumer-confidence-April-2013.png)
It’s a better sign for the economy but consumer confidence has a surprisingly poor correlation with consumer spending.