Consumer confidence surges in March to highest point in year

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U.S. consumer confidence surged in March to the highest reading in a year, helped by increased vaccinations and more government economic support.

. The Conference Board said Tuesday, March 30, its consumer confidence index rose to 109.7 in March, the best showing since it stood at 118.8 in March of last year as the pandemic was beginning to hit the United States. The Conference Board said Tuesday its consumer confidence index rose to 109.7 in March, the best showing since it stood at 118.8 in March of last year as the pandemic was beginning to hit the United States. The index stood at 90.4 in February.

Conference Board senior indicators director Lynn Franco said the significant improvement in the index and its two major components was a good sign for future economic growth.

 

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Probably before this latest market downturn

We are all confident that the fed low interest party is just about over.

Thank you Biden!!!

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