CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / Outlook for National Economy in Wake of COVID-19 Response Weighs on March Consumer Sentiment

Outlook for National Economy in Wake of COVID-19 Response Weighs on March Consumer Sentiment

March 27, 2020 By CollisionWeek Editor

Consumer sentiment tumbled 11.9 index points in March, the fourth-largest one-month decline in nearly a half century, according to the University of Michigan Surveys of Consumers.

The University of Michigan Consumer Sentiment Index fell to 89.1 in the March 2020 survey, down from 101.0 in February and 98.4 in last March’s survey. The Expectations Index fell to 79.7 in March, down from 92.1 in February and 88.8 in last March’s survey. The Current Conditions Index fell to 103.7 in March, down from 114.8 in February and last March’s 113.3.

March 2020 Index of Consumer Sentiment

The steepest monthly decline in sentiment was barely larger at -12.7

Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options. 

Filed Under: News Tagged With: Consumer Sentiment Index, University of Michigan

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Annual Conference Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Classic Collision Collision Industry Electronic Commerce Association Collision Repair Education Foundation Coronavirus Crash Champions Donations Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • Consumer Sentiment Down Slightly in October October 24, 2025
  • Ford Projects $1.5B-$2B Earnings Reduction from Aluminum Supplier Fire October 24, 2025
  • Registration Open for May 18-20 ABPA Conference October 24, 2025
  • CARSTAR Rapid City Wins 2025 Marketer of the Year Award October 24, 2025
  • CSN Collision Secures Private Equity Backing from ONCAP October 23, 2025
  • Dutch Government Takeover of Chipmaker Threatens Global Auto Parts Supply Chain October 23, 2025
  • Claim Assist Solutions Opens Office in Arizona October 23, 2025

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2025 - QuanDec Corporation - All Rights Reserved · Log in