Low fuel costs are keeping consumers upbeat. Photo: David Goldman / AP

(Bloomberg) — Consumer confidence increased in April to the second-highest level in more than eight years as Americans grew more upbeat about their financial prospects.

The University of Michigan said Friday that its final index for the month increased to 95.9 from 93 in March. The median projection in a Bloomberg survey of economists was for 96, little changed from the preliminary April reading of 95.9.

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