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U.S. Consumer Confidence Takes Dive

By Aggregated Content in economic news on March 26, 2013 from http://www.livetradingnews.com/us-consumer-confidence-dives-in-march-108703.htm#.UVLuq1tNY9U

Consumer confidence took a tumble for March and dropped to 59.7 from a reading of 68 in February. Dow Jones was looking for a 67.1 for the month.

The Present Situation Index fell to 57.9 in March from 61.4 in February. The Expectations Index was the real catalyst, with it falling all the way to 60.9 in March from 72.4 last month.

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