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"Consumer confidence drops in March" - 3/27/2007 8:34:28 AM

Vendaval

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"Consumer confidence drops in March"
By ANNE D'INNOCENZIO, AP Business Writer 3 minutes ago

" NEW YORK - Rising gasoline prices and stock market turbulence undermined consumer confidence in March, increasing worries about one of the economy's pillars, a widely watched index showed on Tuesday

The New York-based Conference Board said that its Consumer Confidence Index fell to 107.2, down from the revised 111.2 in February. Analysts had expected a reading of 109. The March index was the lowest since November 2006 when the reading was 105.3. "

http://news.yahoo.com/s/ap/20070327/ap_on_bi_ge/economy

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