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Consumer Confidence Rises to 3-Year High in February

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sabra Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-22-11 10:12 AM
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Consumer Confidence Rises to 3-Year High in February
Source: CNBC/Reuters

U.S. consumer confidence rose in February to a three-year high amid improved optimism about the economy and income prospects, according to a private sector report released on Tuesday.

The Conference Board, an industry group, said its index of consumer attitudes rose to 70.4 in February from a revised 64.8 in January. It was the highest level since February 2008.

The median of forecasts from analysts polled by Reuters was for a reading of 65. Forecasts ranged from 60 to 70.

January was originally reported as 60.6. The Conference Board revised January's figure to 65.6 earlier in the month to reflect newly included data collected by the Nielsen Co that will now be part of the survey.

Read more: http://www.cnbc.com/id/41716047
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russspeakeasy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-22-11 11:17 AM
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1. They didn't ask me. My opinion hasn't changed from 2 years ago.
Are we starting a new war that I didn't hear about?
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Po_d Mainiac Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Feb-22-11 11:34 AM
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2. The anulist's are full of it n/t
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