US Consumer Confidence Explodes Higher In March After a mixed picture in February (expectations down, current conditions up), analysts expected a big jump in Conference Board Consumer Confidence in March... and they got it. March Consumer Confidence exploded from 90.4 (revised lower) in Feb to 109.7 in March - the highest since March 2020. The underlying components also smashed expectations: Present situation confidence rose to 110.0 vs. 89.6 last month. Consumer confidence expectations rose to 109.6 vs. 90.9 last month - highest since July 2019 Source: Bloomberg Still, putting these levels in context, they are still dramatically below the pre-COVID levels of confidence... Source: Bloomberg Maybe with just a few more trillion dollars of helicopter cash, that Main Street confidence will catch up? Tyler Durden Tue, 03/30/2021 - 10:04