Consumer confidence jumps more than expected

pulse

March 17, 2017 2:46 PM

UMich's measure of consumer confidence and others have jumped since the November election.

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Consumer confidence rose more than expected in March, according to a preliminary report from the University of Michigan.

The consumer sentiment index increased to 97.6 from 96.3 in the final February survey, according to Bloomberg. A reading of 97 had been expected.

This measure of consumer confidence and others have jumped since the November election. And although they are a gauge of how Americans feel about the new administration, the details show that opinions are more divided than ever.

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