Surprise Weakness: US Consumer Confidence Falls Below Expectations in March, According to Experts

The consensus of economists had predicted that US consumer confidence would strengthen, but in March, it actually weakened. The figure published by the Conference Board fell to 104.7 points, which was below expectations. Bloomberg’s consensus forecast of economists had compiled this data. Additionally, the February figure was corrected to 104.8 points after being initially reported as 106.7.

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