Credit, Economy and Financial News from TruckingFactor.com

Consumer Mood Slightly Better in March

Consumer sentiment improved slightly in March as confidence in government economic policy improved, a survey showed. The Reuters/University of Michigan Surveys of Consumers said its preliminary index reading of confidence for March increased to 56.6 from 56.3 in February. Still, sentiment remains weak, as the index is not far from the record low of 51.7 that it reported in May 1980.

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Date Last Updated: 03/18/2009