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Daily Roundup of Key US Economic Data for April 28

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The Conference Board's Consumer Confidence Index rose to 92.8 in April from a 92.2 reading in March reflecting an increase in the expectations reading that was partially offset by a decline in the reading for current conditions.

Current employment conditions improved but the assessment of current business conditions deteriorated.

The Conference Board noted that the survey was conducted during the two-week ceasefire in the Middle East and the rebound in US equity prices.

The FHFA home price index was unchanged in February after a 0.2% increase in January. The index was 1.7% higher than a year ago.

Released at the same time, S&P Case-Shiller reported a 0.3% February home price gain after a 0.2% decline in January. The index was up 0.7% year-over-year, down from the 0.8% rate in the previous month.

The Richmond Fed's manufacturing index rose to 3 in April from 0 in March after positive readings in most of the regional data.

At same time, the Richmond Federal Reserve's services reading remained at 9 in April, while the Dallas Fed's services reading fell to minus 9.9 in April from minus 13.3 in March.

Redbook reported that US same-store retail sales were up 7.7% year-over-year in the week ended April 25, faster than a 6.7% gain in the prior week due to an extra selling day this year and sales of seasonal items despite mixed weather conditions.

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