March 16, 2018

US Consumer Confidence Flat In March

by Jharonne Martis

American consumer confidence, as measured by the Thomson Reuters/Ipsos Primary Consumer Sentiment, goes into March 2018 holding steady from the previously upward trend, standing pat at 63.1.

Last month’s measure set a new post-Recession high and March will tie that mark.

The stay in the index this month appears to derive from counterbalancing opinions on the current and future state of the economy. Consumer confidence in the current economy and in their current financial situation increased, but these increases were offset by decreases in confidence in the future economy and in future financial situations.

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