Smiling All the Way to the Cash Register

Good news consumers: You’re confident! At least more confident than expected: April’s consumer confidence index rose more than 12 points to 39.2, up from 26.9 in March and beating the projection of 29.5. That’s still leagues below the year-ago level of 62.8. It’s okay if you don’t really know what those numbers mean, because no one really does. Bottom line: Good news, at least until it craters again in May.