Consumer Confidence Index Drops

NEW YORK (Reuters) - Consumer confidence weakened in March as higher gasoline prices and recent turmoil in financial markets made Americans nervous about the future, a report showed on Tuesday.

A separate report showed U.S. single-family home prices plummeted in January, the first annual decline in home values in more than a decade.

Read more on the Consumer Confidence Report.

Posted at March 27, 2007 02:47 PM

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NEW YORK (Reuters) - Consumer confidence weakened in March as higher gasoline prices and recent turmoil in financial markets made Americans nervous about the future, a report showed on Tuesday. A separate report showed U.S. single-family home prices plummeted in January, the first annual decline in home values in more than a decade. Read more on the Consumer Confidence Report.