It’s not much, but it’s something.
Consumer confidence rose .02% in April.
With higher costs for food and gas, and falling home prices, experts say despite the little growth last month, Americans are feeling more squeezed in the pocketbook than ever.
And the percentage of homeowners facing foreclosure was up 65% in April, compared to the same month last year.
It's believed, the combination of weak sales, falling home prices and tighter rules on mortgage lending has left homeowners with fewer options to avoid foreclosure.
Many homeowners can't find buyers or owe more than their home's worth-- and can't get refinanced into a more affordable loan.
