Report Says Consumers' Confidence Rose in February
According to a private research group, U.S. consumers are expecting labor markets and income levels to improve. Do you share those views?
Private research group The Conference Board says its index of consumer confidence increased to 69.6 in February from a revised 58.4 in January, first reported as 58.6. The confidence index is at its highest level since November 2012, according to a post on Nasdaq.com. The index gauges consumers' assessments of current economic conditions. According to the report, Lynn Franco, director of economic indicators at the The Conference Board, said the rebound seemed to reflect consumers recovering from the "shock effect" of the fiscal cliff uncertainty and higher taxes in January. Additional data from the survey: Tell us what you think about the current state of jobs and what you anticipate the job market will look like in six months in the …
