Oil spike deflates consumer confidence in March

03/14/2011 | Bloomberg Businessweek

Consumer confidence in the U.S. dropped more than expected in March as rising oil prices put pressure on household budgets, according to a Thomson Reuters/University of Michigan survey. The group's consumer sentiment index in March dropped almost 10 points from February. "If fuel prices rise even further, it could be a threat to consumer spending," said Ryan Wang, an economist at HSBC Securities.

View Full Article in:

Bloomberg Businessweek

Published in Brief:

SmartBrief Job Listings for Business

Job Title Company Location
Vice President, HEDIS & Performance Outcomes
CareSource
Dayton, OH
Pharmacy Benefit Analyst/ Auditor
Confidential
Nationwide, SL_Nationwide
Vice President, Girls and Women Strategy
United Nations Foundation
Washington, DC