Consumers Less Cheerful in March

Reuters (03.29.05):

"U.S. consumer confidence ebbed in March as higher gasoline prices dampened the moods of car-reliant Americans, a report said on Tuesday. The worsening confidence came as consumers felt gloomier about the labor market, despite signs of increased hiring in recent government data. The proportion of consumers saying jobs were 'hard to get' in The Conference Board survey rose to 23.8 percent from 22.4 percent." Consumers Less Cheerful in March