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Business & Economics

Consumer confidence in where the economy is headed hits 12-year low

CNBC
Summary
Nutrition label

78% Informative

Consumer confidence dimmed further in March as the view of future conditions fell to the lowest level in more than a decade .

The Conference Board's measure for future expectations tumbled 9.6 points to 65.2 , the lowest reading in 12 years .

The fall in confidence was driven by a decline in those 55 or older but was spread across income groups.

VR Score

79

Informative language

81

Neutral language

1

Article tone

formal

Language

English

Language complexity

44

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links

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