Inflation worries push consumer confidence lower
World BusinessMar 30, 2011
NEW YORK (AP) ― Rising prices at the gas pump and in grocery aisles are starting to crimp shoppers’ outlook.The Conference Board’s Consumer Confidence Index fell sharply from a three-year high in February, reversing five straight months of improvement.The decline raises questions about Americans’ ability and willingness to spend in coming months.The index fell more than expected to 63.4 from a rev