In the News – March Consumer Sentiment Rose from Preliminary Expectations

In the News – March Consumer Sentiment Rose from Preliminary Expectations

Consumer sentiment fell 0.8% in March to 91.0 from February’s 91.7 mark, according to the final results from the University of Michigan’s Survey of Consumers.

This represents a 2.2% decrease year over year.

“Consumer confidence inched upward in late March due to more favorable economic expectations, but the gain still left the Sentiment Index slightly below last month’s level,” said Survey of Consumers chief economist, Richard Curtin.

For more information, see Floor Daily

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