Friday 14 March 2014

U.S. Consumer sentiment declines in March

Consumer sentiment declined to an early March reading of 79.9 -- the lowest reading since November -- from a final February level of 81.6, according to Friday reports on a gauge from the University of Michigan and Thomson Reuters. Economists polled by MarketWatch had expected a March reading of 80.8. Economists watch sentiment levels to get a feeling for the direction of consumer spending. 

Source: Marketwatch

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