Consumer confidence dips in March
March 31, 2005,
NEW YORK -- Dented by a mixed jobs outlook and concerns about business conditions six months out, consumer confidence fell for a second straight month during March, slipping 1.9 percent, to a reading of 102.4 percent from 104.4 percent in February, The Conference Board reported.
Consumers' overall assessment of current conditions remains favorable, and the number who say business conditions are good edged up to 25.8 percent from 24.6 percent. But the number who claim conditions are bad also increased slightly, to 16 percent from 15.7 percent.
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