Consumer confidence showed resilience in March, although concerns about business and labor conditions lingered.
The Conference Board Consumer Confidence Index rose to 52.5 from a revised 46.4 in February. Both of its components showed improvement, with the Present Situation Index climbing to 26 from 21.7 last month and the Expectations Index growing to 70.2 from 62.9. But the overall March reading was far below 90, the level many consider a healthy consumer confidence level, and the 100 baseline level established in 1985.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"