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US consumer outlook hits 12-year low in March, confidence falls: TCB
US consumer confidence fell in March to 92.9, with the Expectations Index dropping to a 12-year low of 65.2. Older consumers drove the decline, while younger ones showed slight optimism. Concerns over inflation, interest rates, and policy uncertainty persist. Confidence fell across all income groups except among households earning over $125,000.
US consumer confidence fell in March to 92.9, with the Expectations Index dropping to a 12-year low of 65.2.
Older consumers drove the decline, while younger ones showed slight optimism.
Concerns over inflation, interest rates, and policy uncertainty persist.
Confidence fell across all income groups except among households earning over $125,000.
