• U.S. consumer confidence shows steep drop in March

Noticias del mercado

26 marzo 2013

U.S. consumer confidence shows steep drop in March

With across-the-board government spending cuts creating uncertainty regarding the economic outlook, the Conference Board released a report on Tuesday showing a notable deterioration in U.S. consumer confidence in the month of March.

The Conference Board said its consumer confidence index fell to 59.7 in March from a revised 68.0 in February. Economists had expected the index to dip to 67.5 from the 69.6 originally reported for the previous month.

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