Summary
NEW YORK -- Consumers sent up a warning signal in March that rising gas prices, falling home values and a volatile stock market could hurt spending in the coming months, a widely watched index showed on Tuesday.
The New York-based Conference Board said that its Consumer Confidence Index fell to 107.2, down from the revised 111.2 in February. Analysts had expected a reading of 109. The March index was the lowest since November 2006 when the reading was 105.3.See the full content of this document
Extract
Consumer Confidence Falls
"Apprehension about the short-term future has suddenly cast a cloud over consumers' confidence," Lynn Franco, director of the Conference Board Consumer Research C...
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