Morale slips on US high street

US consumer confidence fell from an index score of 70 in February to 63.4 in March, the Conference Board said yesterday. Meanwhile, single family home prices fell for the seventh straight month in January, bringing prices to just above April 2009 lows. Prices in 20 US cities dropped 3.1 per cent year-on-year compared to the 3.2 per cent expected.