US Consumer Confidence Holds Steady Amid Price Increases
Tuesday, 26 March 2024, 14:17
US Consumer Confidence Holds Steady Amid Price Increases
U.S. consumer confidence held steady this month even as Americans wrestle with higher prices and feel less optimistic about the short-term future. The Conference Board, a business research group, said Tuesday that its consumer confidence index ticked down to 104.7 in March from a revised 104.8 in February.
Responses to the Conference Board's survey showed an increase in consumers' concern over food and gas prices and the U.S. political environment with the presidential election just seven months away.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.