Surprisingly Low US Consumer Confidence in March: February Figure Corrected, Despite Economists’ Predictions

United States sees unexpected drop in consumer confidence

Despite the predictions of economists, US consumer confidence weakened in March, with the figure published by the Conference Board falling to 104.7 points. This was lower than expected, according to Bloomberg’s consensus forecast of economists. However, it is worth noting that the February figure was corrected to 104.8 points after being previously reported as 106.7.

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