US Consumer Confidence Rebounds in February

WASHINGTON (AP) — American consumers were feeling more confident this month after a rally in the stock market and an end to partial shutdown of the federal government.

The Conference Board, a business research group, says its consumer confidence index rose to 131.4 from 121.7 in January.

The index measures consumers' assessment of current economic conditions and their expectations for the next six months. Both rose in January. Consumers' views of today's economy were the sunniest since December 2000.

- Sponsors -

The Conference board index had dropped in January amid worries about a government shutdown that ended Jan. 25 and stock-market volatility, which reflected higher interest rates and worries about trade tensions with China. But stocks have rebounded since Christmas, and U.S. and Chinese trade negotiators have reported signs of progress toward ending a standoff.

 

By AP reporter Paul Wiseman

- Partner Content -

Entergy’s Energy Smart Program Brings Cost Conscious Innovation to New Orleans

Offering comprehensive energy efficiency at no cost to the consumer, Entergy’s Energy Smart program incentivizes Entergy New Orleans customers to perform energy-saving upgrades in...

 

Digital Sponsors / Become a Sponsor

Follow the issues, companies and people that matter most to business in New Orleans.

Email Newsletter

Sign up for our email newsletter