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U.S. Consumer Confidence Improves In February As Pessimistic Expectations Ease

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
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A report released by the Conference Board on Tuesday showed an improvement in U.S. consumer confidence in the month of February.

The Conference Board said its consumer confidence index rose to 91.2 in February from an upwardly revised 89.0 in January. Economists had expected the index to jump to 88.0 from the 84.5 originally reported for the previous month.

"Confidence ticked up in February after falling in January, as consumers' pessimistic expectations for the future eased somewhat," said Dana M Peterson, Chief Economist, The Conference Board.

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