Consumer Confidence Slumps to 4-Year Low
By Tom Ozimek U.S. consumer confidence tumbled in March to its lowest level in more than four years, as households grew increasingly anxious about their financial futures and the broader economy. The Conference Board reported on March 25 that its consumer confidence index fell by 7.2 points to 92.9—its weakest reading since the early months of the COVID-19 pandemic.
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