US consumer confidence dropped to 120, further declines sure to follow

<p>Conference Board US Consumer Confidence dropped to 120.0 in March, down from 132.6, but beat expectation of 115.1. Present Situation Index dropped from 169.3 to 167.7. Expectations Index, however, dropped sharply from 108.1 to 88.2. “Consumer confidence declined sharply in March due to a deterioration in the short-term outlook,” said Lynn Franco, Senior Director of […]</p>
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