Patrick T. Fallon | Bloomberg | Getty Images
A cashier completes a purchase at a Walmart store in Burbank, California.
U.S. consumer sentiment slipped in April, after recording its highest level since 2004 in March.
The University of Michigan’s mid-month report on consumer attitudes about the economy inched down to 97.8 in mid-April, compared with 100.5 expected by a survey of Reuters economists. The index reached 101.4 at the end of March.
The index measures 500 consumers’ attitudes on future economic prospects, in areas such as personal finances, inflation, unemployment, government policies and interest rates.
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