Consumer Sentiment Rises in March

photobucket_creditThe Conference Board’s Consumer Confidence Index hit 101.3 in March, as rvbusiness has learned from CNBC, beating estimates. Economists surveyed by Reuters anticipated a reading of 96.2. February’s reading was revised from 96.4 to 98.8.

Further, the proportion of consumers expecting their incomes to grow rose from 16.4 percent to 18.4 percent, while those anticipating a drop fell from 10.8 percent to 9.9 percent. Lynn Franco, director of economic indicators at the Conference Board, tells MHProNews while consumers were not very positive about business conditions, the increase in consumer sentiment “was driven by an improved short-term outlook for both employment and income prospects.” ##

(Photo credit: photobucket)

matthew-silver-daily-business-news-mhpronews-com   Article submitted by Matthew J. Silver to Daily Business News-MHProNews.


Subscribe to the Documented #1

Most-Read - Professional Emailed Headline News

Delivered x2 weekly to your inbox. 

Manufactured Home "Industry News,

Tips, and Views Pros Can Use."   ©


Where "We Provide, You Decide."  ©

mas kovach mhpronews shopping with soheyla .jp

Get our ‘read-hot’ industry-leading 

get our ‘read-hot’ industry-leading emailed headline news updates

Scroll to Top