Consumer Confidence Holds Steady in March, Though Outlook Dims for Younger Adults

• Consumer confidence little changed in March; views of present situation improved but future outlook worsened • Concerns heightened over U.S. political environment compared to prior months • Confidence rose among consumers 55+ but fell for those under 55 • Consumers in $50,000-$99,999 income range reported lower confidence • Economists look to consumer surveys for indications of economic performance, but sometimes a disconnect between what people say and what they do