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March 27, 2024

Consumers remain confident, wary

WASHINGTON (AP) — U.S. consumer confidence held steady this month even as Americans are still concerned about high prices and feeling less optimistic about the short-term future.

The Conference Board, a business research group, said Tuesday that its consumer confidence index ticked down to 104.7 in March from a revised 104.8 in February. The index measures both Americans' assessment of current economic conditions and their outlook for the next six months. The index measuring Americans short-term expectations for income, business and the job market fell further, while consumers' view of current conditions improved.

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