USA, University of Michigan consumer confidence in March falls to 63.4 points

USA University of Michigan consumer confidence in March falls to

(Tiper Stock Exchange) – US consumer confidence worsens in March 2023. According to preliminary data from the University of Michigan, consumer sentiment is estimated to decrease to 63.4 points compared to 67 points in February, and is even worse than the expectations of analysts who expected 66.9 points.

In the same period, the index on present situation fell to 66.4 points from 70.7 points previously (expectations were for 70 points), while the index on waited it decreased to 61.5 points from 64.7 previously (the consensus was at 64.5 points).

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