Consumer Sentiment Index Rises to 76.2 in March

The University of Michigan’s preliminary March consumer sentiment index reading was 76.2, compared to preliminary March 74.3 and the final February 75.3, according to market sources.

The expectations index was 69.8, up from 68.0 earlier in the month, and 70.3 in February. The current conditions index was 86.0, compared to 84.2 earlier in the month and 83.0 in February.

Economists predicted a 74.6 reading for the main index, 84.5 for current conditions, and 68.0 for expectations.

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