Retail sales shopping mall
  • Prior was 106.7 (revised to 104.8)
  • Present situation index 151.0 vs 147.6 prior
  • Expectations index 73.8 vs 76.3 prior
  • Jobs hard-to-get 10.9 vs 12.7 prior
  • 16.5% of consumers expect their incomes to increase, from 16.3% last month
  • 12-month inflation 5.3% vs 5.2%
US consumer confidence

“Consumers’ assessment of the present situation improved in March, but they also became more pessimistic about the future,” said Dana M. Peterson, Chief Economist at The Conference Board. “Confidence rose among consumers aged 55 and over but deteriorated for those under 55. Separately, consumers in the $50,000-$99,999 income group reported lower confidence in March, while confidence improved slightly in all other income groups. However, over the last six months, confidence has been moving sideways with no real trend to the upside or downside either by income or age group.”