Indicators
US Consumers Are More Hopeful About the Outlook for the Economy and Jobs
- The Conference Board index improved in March to 104.2
- Consumers are more upbeat about future for business, jobs
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US consumer confidence unexpectedly improved in March as Americans grew more optimistic about the outlook for business conditions and the labor market.
The Conference Board’s index increased to 104.2 from a 103.4 reading in February, data out Tuesday showed. The median forecast in a Bloomberg survey of economists called for the gauge to fall to 101.