The University of Michigan’s final March consumer sentiment index reading was 57.3, compared to the preliminary March 56.6, the final February 56.3, the preliminary February 56.2, and January’s 61.2, according to market sources.
Economists polled by Thomson Reuters had predicted a 56.3 reading.
The expectations index was 53.5, compared to 53.0 earlier this month, 50.5 last month, 49.1 at mid- February and 57.8 in January. The current conditions index was 63.3, compared to 62.3 earlier in March, 65.5 last month, 67.1 earlier in February, and 66.5 in January.
Economists polled by Thomson Reuters had predicted a 65.5 reading for the current conditions index and 50.5 for the expectations index.
