Consumer Confidence Increased to Its Highest Level since 2000
The Conference Board Consumer Confidence Index increased in February and L.Franco, director of economic indicators said “Consumer confidence improved to its highest level since 2000 after a modest increase in January. Consumers assessment of current conditions was more favorable this month, with the labor force the main driver. Despite the recent stock market volatility, consumers expressed greater optimism about short-term prospects for business and labor market conditions, as well as their financial prospects.”
