The consumer confidence index slipped to 82.3 in April from a revised 82.9 last month, The Conference Board reported Tuesday.
The March index was originally reported as 82.3.
The present situation index fell to 78.3 from a revised 82.5, first reported as 80.4, while the expectations index grew to 84.9 from a revised 84.8, first reported as 83.5.
Economists polled by Thomson Reuters predicted an 83.0 reading for the index.
"Consumer confidence declined slightly in April, as consumers assessed current business and labor market conditions less favorably than in March," said Lynn Franco, director of The Conference Board's Consumer Research Center. "However, their expectations regarding the short-term outlook for the economy and labor market held steady. Thus, while sentiment regarding current conditions may have slipped a bit, consumers do not foresee the economy, or the labor market, losing the momentum that has been building up over the past several months."
Business conditions were called "good" by 21.8% of respondents in April, off from 22.6% in March. Those saying conditions are "bad" grew to 24.4% from 23.5%.
The percentage of consumers expecting a pickup in business conditions in the next half year was flat at 17.4%, while 10.3% said they expect conditions to worsen, up from 10.1% in the prior month.
On the jobs front, those who believe jobs are "plentiful" dipped to 12.9% in April from 13.8% in March, while the number saying jobs are "hard to get" grew to 32.5% from 31.4%. The respondents who see fewer jobs becoming available in a half year, increased to 17.9% from 17.5%. Those expecting more jobs to become available rose to 15.0% from 14.1%, The Conference Board reported.
The consumer confidence survey is based on a probability design random sample by the Nielsen Company.
