Consumer Confidence Rebounds in March
Americans' confidence in the economy rebounded in March after a February plunge, but shoppers remain cautious, according to a private research group's monthly survey released Tuesday. The Conference Board's Consumer Confidence Index rose to 52.5 in March, recovering about half of the nearly 11 points it lost in February. Analysts expected a reading of 50 for March. February's 46.4 marked the lowest level since April 2009 and erased three consecutive months of improvement.