- Analytics
- News and Tools
- Market News
- Thomson Reuters/University of Michigan final consumer sentiment index declines to 91.0 in March
Thomson Reuters/University of Michigan final consumer sentiment index declines to 91.0 in March
The Thomson Reuters/University of Michigan final consumer sentiment index decreased to 91.0 in March from 91.7 in February, up from the preliminary estimate of 90.0 and beating expectations a fall to 90.5.
"Despite the recent small monthly variations, the overall level of confidence has remained largely unchanged during the past nine months," the Surveys of Consumers chief economist at the University of Michigan Richard Curtin.
"Consumers anticipated that the slower pace of economic growth will more than likely put an end to further declines in the unemployment rate. What was surprising was that the expectations of higher gas prices and higher unemployment have not caused an increase in uncertainty about personal financial prospects," he added.
The current economic conditions index fell to 105.6 in March from 106.8 in February, in line with the preliminary reading.
The index of consumer expectations declined to 81.5 in March from 81.9 in February, up from a preliminary reading of 80.0.
The one-year inflation expectations increased to 2.7% in March from 2.5% in February, in line with the preliminary reading.
© 2000-2025. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
