Consumer confidence in economy increased


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U.S. consumer confidence rose over a year high in March. With the central and western economy continues to expand, February consumer spending increased to seven-month maximum, indicate that U.S. economy's growth momentum is gradually increased.
Thomson Reuters / University of Michigan consumer confidence index’s final value in March was 76.2, record high since February last year, also higher than the preliminary estimates of 74.3 and market forecast of 74.7.
The consumer confidence index in March rose to 69.8 from the preliminary estimates of 68; current economic situation confidence index rose to 86, the highest since February last year. Curtin, head of the investigation said, Income and employment continues to improve offset the price of oil climbing up, push up consumer confidence.