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The Conference Board's CCI fell for the first time in six months, dropping to 63.4 in March. It improved steadily from 48.6 in September to a cycle high of 72.0 in February, which was above the 70.4 preliminary figure. |
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The Expectations component of the CCI dropped by 16.4 points in March to 81.1, after increasing steadily from 65.5 in September to a six-year high of 97.5 in February. The Present Situation component rose for the sixth straight month, from 23.3 in September to a 28-month high of 36.9 in March. It was at a 27-year low of 20.2 at the end of 2009. |
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