India, April 26 -- Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by more than previously estimated in the month of April.
The University of Michigan said its consumer sentiment index for April was downwardly revised to 77.2 from a preliminary reading of 77.9.
Economists had expected the consumer sentiment index to be unrevised from the preliminary reading, which was down from 79.4 in March.
"Different parts of the population exhibited offsetting changes this month," said Surveys of Consumers Director Joanne Hsu. "Republicans posted notable declines in sentiment this month, whereas Democrats and Independents did not. Sentiment for younger consumers rose, in contrast to mid...