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U.S. Consumer Confidence Running Even
Higher in February on Sunnier Outlook

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Posted By: ladydawgfan, 2/26/2020 5:47:06 AM

Consumer confidence ticked up a few notches in February, suggesting that the economic strength of U.S. households will continue to support growth in the coming months. The Conference Board’s index of consumer confidence rose to 130.7, up from 130.4 in January. The gain was driven by a rise in the Conference Board’s gauge of expectations for income, business, and labor market conditions. The present situation metric declined from January. “Consumer confidence improved slightly in February, following an increase in January,” said Lynn Franco, Senior Director of Economic Indicators. “Despite the decline in the Present Situation Index, consumers continue to view current conditions quite favorably. Consumers’ short-term expectations improved,

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Reply 1 - Posted by: Strike3 2/26/2020 7:22:20 AM (No. 329972)
The usual Nervous Nellies are affecting the stock market but the other side will soon be noticing the bargains sitting out there.
1 person likes this.

Reply 2 - Posted by: bpl40 2/26/2020 7:35:46 AM (No. 329984)
Occasional correction in the market is a good thing. Its like the bleeding cures they used in Victorian times.
1 person likes this.

Reply 3 - Posted by: DVC 2/26/2020 1:07:06 PM (No. 330302)
Dems failed at talking up a recession. Desperately trying to conjure up one with the virus news.
1 person likes this.

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