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U.S. Conference Board Consumer Confidence Index surged in March

Christian Fernsby |
The Conference Board Consumer Confidence Index surged in March to its highest reading in a year, after a modest increase in February.

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Topics: U.S.   

The Index now stands at 109.7 (1985=100), up from 90.4 in February.

The Present Situation Index—based on consumers' assessment of current business and labor market conditions—climbed from 89.6 to 110.0.

The Expectations Index—based on consumers' short-term outlook for income, business, and labor market conditions—also improved, from 90.9 last month to 109.6 in March.


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