U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In March

The University of Michigan revised U.S. consumer sentiment for March downward, showing a larger-than-previously-estimated deterioration. The revision points to weaker consumer confidence that could weigh on near-term consumer spending and the macroeconomic outlook.

Analysis

The University of Michigan revised U.S. consumer sentiment for March downward, showing a larger-than-previously-estimated deterioration. The revision points to weaker consumer confidence that could weigh on near-term consumer spending and the macroeconomic outlook.