The Conference Board Consumer Confidence Index Plummets Further in February

The consumer is the driver of the economy, we need to see confidence level off.-Lou

The Conference Board Consumer Confidence Index Plummets Further in February


NEW YORK, Feb. 24 /PRNewswire/ -- The Conference Board Consumer Confidence Index, which had decreased moderately in January, declined again in February, reaching yet another all-time low. The Index now stands at 25.0 (1985=100), down from 37.4 in January. The Present Situation Index declined to 21.2 from 29.7 last month. The Expectations Index decreased to 27.5 from 42.5 in January.