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US Consumer Confidence Hits Year-High as Unemployment Drops

4/29/2026

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Story summary
  • The Conference Board reported U.S. consumer confidence rose 0.6 point to 92.8 in April, the year's highest.
  • A two-week U.S.–Iran ceasefire lifted confidence while gasoline prices stayed above $4 a gallon and 12-month inflation expectations eased to 5.1% from 5.2%.
  • The economy saw vacation plans dip below 41% as car-buying intent hit a 1½-year high, unemployment fell to 4.3% and the labor-market differential rose to 7.5% from 6.1%.