FYI: You may recall that last month’s Consumer Confidence report for the month of February showed a steep drop with the headline index dropping below its average since 2000 and to the lowest level since last July. Well, it turns out that consumers weren’t that pessimistic after all. In today’s report on Consumer Confidence for the month of March, the headline reading came in at a level of 96.2 versus expectations for a reading of 94.0. In addition to that, last month’s report was revised up to 94 from an originally reported level of 92.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/consumer-confidence-rebounds/