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US Consumer Sentiment Drops to Three-Month Low in March

The University of Michigan's final March consumer sentiment index fell to 53.3, down from a preliminary reading of 55.5, according to a report released Friday. The survey covered the period from February 17 to March 23, with roughly two-thirds of responses collected after the Iran war began. The decline signals growing economic anxiety among U.S. consumers.

The University of Michigan’s final March consumer sentiment index fell to 53.3 from a preliminary reading of 55.5, according to a report released Friday. The survey period includes responses from Feb. 17 to March 23, with about two-thirds of those collected after the Iran war began. Mike McKee reports on "Bloomberg Open Interest." (Source: Bloomberg)