University Of Michigan Revises Consumer Confidence Index Lower For March; Long-Term Inflation Expectations Remain High

University Of Michigan Revises Consumer Confidence Index Lower For March; Long-Term Inflation Expectations Remain High

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The University of Michigan Consumer Confidence Index was revised downward from an original estimate of 63.2 to 62 points in March on Friday — down by 5 points or 8.8% from February. One broad takeaway: Sentiment among U.S. consumers has dropped for the first time in four months, but continues to…

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