Discontent Index Slides for Fourth Consecutive Month — At New Post-Collapse Low Again
The District Sentinel Discontent index continued to slide in March for the fourth consecutive month, despite an upward revision to the previous month’s reading. The measure fell to 104.89 from an updated 105.45 in February. The drop was largely caused by modest gains in the housing and labor markets—reflected in downward movement by the Labor Discontent and Housing Discontent subcomponents. Consumer Discontent fluctuated the least, falling slightly to 31.63 from 31.64. A slight increase to the Conference Board’s Consumer Confidence Index was neutralized by rising transportation… Keep Reading