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The Conference Board US Consumer Confidence Index Declined in March
The Conference Board Consumer Confidence Index® declined in March, after increasing in February. The Index now stands at 124.1 (1985=100), down from 131.4 in February. The Present Situation Index – based on consumers' assessment of current business and labor market conditions – declined, from 172.8 to 160.6. The Expectations Index – based on consumers' short-term outlook for income, business and labor market conditions – decreased from 103.8 last month to 99.8 this month. "Consumer Confidence decreased in March after rebounding in February, with the Present Situation the main driver of this month's ... (full story)