US preliminary reading of its Uni. of Michigan Confidence plunged to 72.5; worse than the forecasted 74.0 and the prior reading of 73.6, knowing that the economic conditions fell to 80.8 in March from 81.8 in February and 81.1 in January and the economic outlook plummeted to 67.2 from 68.4 in February and 70.1 in January of this year.