Today’s high volume of economic data began with a report that America’s Trade Balance became more unbalanced to the deficit side as that measure widened to minus $64.2B from $59.9B. Pre-release estimates predicted a narrowing to $55B. The Case-Shiller Housing report for February showed that its 20-City House Price Index rose 3.47% year-over-year while its broader U.S. HPI rose by 4.16% for the same period. Both measure slightly beat estimates. Also just out, the Conference Board reported that its Consumer Confidence Index in April fell to 86.9 from 120. This closely matched expectations. For the Expectations sub-index, a pleasant surprise was noted as that measure actually improved to 93.8 from March’s dismal 88.2. Not surprisingly, the Present Conditions sub-index plummeted to 76.4 from 167.2. The Richmond Fed also published its Manufacturing Index showing a decline in that measure to minus 53 from last month’s plus 2.