- Analytics
- News and Tools
- Market News
- U.S. consumer sentiment slightly better than initially estimated in March
U.S. consumer sentiment slightly better than initially estimated in March
U.S. consumer
sentiment slightly better than initially estimated in March
The final
reading for the March Reuters/Michigan index of consumer sentiment came in at 84.9
compared to a preliminary reading of 83.6 and the February final reading of 76.8.
This was the highest reading since March 2020.
Economists had
forecast the index to be unrevised at 83.6.
According to
the report, the index of consumer expectations surged 12.7 percent m-o-m to 79.7
from February’s final reading of 70.7, while the index of the current economic conditions
jumped 7.9 percent m-o-m to 93.0 from February’s final reading of 86.2.
“Consumer
sentiment continued to rise in late March, reaching its highest level in a year
due to the third disbursement of relief checks and better than anticipated
vaccination progress,” noted
Richard Curtin, the Surveys of Consumers chief economist.
© 2000-2024. 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
