Consumer Confidence Fell in February
The Conference Board’s Consumer Confidence Index declined in February, falling 5.6 points to 92.2, after increasing in the previous two months. The Present Situation Index fell 4.5 points to 112.1, while the Expectations Index fell 6.4 points to 78.9 in February. “Consumers’ short-term outlook grew more pessimistic, with consumers expressing greater apprehension about business conditions,