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Usa, Michigan index: consumer confidence rises by surprise

In March, the indicator rises to 78,6 points – The preliminary reading had indicated a drop to 71,8 points, while economists had forecast a figure of 72,4.

Usa, Michigan index: consumer confidence rises by surprise

The confidence of American consumers rises surprisingly. The University of Michigan announced today that according to its final estimates, the March index rose to 78,6 points from 77,6 in February. 

This is the highest level since last November. The preliminary reading had indicated a drop to 71,8 points, while economists had expected a figure of 72,4.

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