NEW YORK (FNS) -- Consumer confidence roared back in March, following five straight months of steady decreases, the Conference Board here said last week. The board attributed the rebound to perceptions of an improving labor market overshadowing recent drops in the stock market and a rash of corporate layoffs. Fears about the economy have subsided as consumers have come to the realization that the stock market rout and declines in corporate profits have not been especially severe, said John ...
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