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Consumer confidence rebounds in February as Americans grow less pessimistic about jobs

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8 hours ago

Consumer confidence ticked higher in February as American households' expectations for the labor market improved.The Conference Board's consumer confidence index rose 2.2 points to 91.2 in February from an upwardly revised 89 in January. The January data was initially reported as 84.5, the lowest level since May 2014.Economists polled by LSEG estimated the February reading for the index would come in at 87.FED'S FAVORED INFLATION GAUGE SHOWED CONSUMER PRICE GROWTH REMAINED ELEVATED IN DECEMBER"Confidence ticked up in February after falling in January, as consumers' pessimistic expectations for...

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8 hours ago
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