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. …
“Consumer Confidence decreased in March after rebounding in February, with the Present Situation the main driver of this month’s decline,” said Lynn Franco, Senior Director of Economic Indicators at The Conference Board. “Confidence has been somewhat volatile over the past few months, as consumers have had to weather volatility in the financial markets, a partial government shutdown and a very weak February jobs report.” CONT.