US Consumer Confidence Ticks Up in March

US Consumer Confidence Ticks Up in March
A shopper carries a Marshalls bag in Boston on Oct. 14, 2022. Michael Dwyer/AP Photo
The Associated Press
Updated:
0:00

WASHINGTON—Consumer confidence inched up in March after two straight monthly declines, even as persistent inflation, bank collapses and anxiety over a possible recession weighed on American households.

The Conference Board reported Tuesday that its consumer confidence index rose to 104.2 in March from 103.4 in February. Optimism about current conditions fell, though consumers grew slightly more positive about the short-term future. That’s a reversal from recent surveys.