Page 3 - Consumer Confidence Data News Today : Breaking News, Live Updates & Top Stories | Vimarsana

it was probably a confluence of events, including soaring interest rates. but jim it is critical that they get to the bottom of what happened here. yeah i mean, listen to these. these regulations supposed to catch that kind of stuff were also getting some some consumer confidence data that s on the positive side of the ledger. um, you know, this is a surprise because this consumer confidence survey was being taken during the middle of this banking crisis. the survey date wrapped up march 20th. so that was 10 days after the collapse of silicon valley bank, so economists were expecting consumer confidence to go down. it actually went up slightly in march. that is encouraging consumers. they ve marked down their view on on the current situation, the economy, but they upgraded their short term outlook. um and this is important because the better consumers are feeling about the economy, the more likely they are to spend and you know, at the end of the day consumer spending is the main drive

Interest ratesConsumer confidence dataBanking crisisConsumer confidence surveySilicon valley bankConsumer confidenceMarch 20thConsumer spending