U.S. consumer sentiment falls in March

The Thomson Reuters/University of Michigan's final March reading on the overall index on consumer sentiment came in at 80.0, up a tick from the preliminary 79.9 March reading but down from an 81.6 the month before. "Current conditions in the overall economy were reported by consumers to have recently weakened, and long term prospects for the economy softened," survey director Richard Curtin said in a statement. The survey's barometer of current economic conditions fell to 95.7 from the preliminary 96.1 reading but edged up from the 95.4 reading in the prior month. Expectations called for a 96.3 reading.

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