Consumer Sentiment Dips as Inflation Fears Resurface

Consumer sentiment fell 5.8% in March, according to final University of Michigan data released March 27, ending a three-month positive streak and offsetting prior gains. The report says the index now stands 6, signaling weaker household confidence that could damp near-term consumer spending and weigh on risk assets.

Analysis

Consumer sentiment fell 5.8% in March, according to final University of Michigan data released March 27, ending a three-month positive streak and offsetting prior gains. The report says the index now stands 6, signaling weaker household confidence that could damp near-term consumer spending and weigh on risk assets.