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Bailout
: Calculated RiskConsumer Sentiment declines sharply in March
By Anonymous
Click on graph for larger image in graphic gallery.This was well below the consensus forecast of 76.5.
In general consumer sentiment is a coincident indicator and is usually impacted by employment (and the unemployment rate) and gasoline prices.
My initial guess is this decline was because of higher gasoline prices.
Full post as published by Calculated Risk on March 11, 2011 (boomark / email).
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