Posted 3/15/2024, 2:24:38 PM
Consumer Sentiment Largely Unchanged in March as Consumers Await Election Before Judging Economy
- U.S. consumer sentiment was little changed in March compared to February (76.5 vs 76.9)
- Consumers perceiving few signals that the economy is improving or deteriorating
- Many consumers are withholding judgment on the economy until after the November election
- One-year inflation expectations unchanged at 3.0% in March
- Five-year inflation outlook steady at 2.9% for the fourth straight month