“Under 35s” lead improving US confidence

12 March 2021

 

Summary: US consumer confidence improves in March; University of Michigan index above consensus figure; views of present, future conditions both improve; gains widespread across all subgroups, regions; under-35s noticeably more confident; consumers “responding well” to fiscal package, vaccine rollout; jobs market.   US consumer confidence started 2020 at an elevated level. However, by March, surveys had begun to reflect a growing uneasiness with the global spread of COVID-19 and its...

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