WASHINGTON (AP) — The American consumer’s confidence in the U.S. economy improved slightly in February after cratering a month earlier.
The Conference Board said Tuesday that its consumer confidence index rose to 91.2 in February from an upwardly revised 89 last month.
A measure of Americans’ short-term expectations for their income, business conditions and the job market rose four points to 72, remaining well below 80, the marker that can signal a recession ahead. It’s the 13th consecutive month that reading has come in under 80.
The measure of consumers’ assessments of their current economic situation fell by 1.8 points to 120.
