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Tuesday, February 22, 2011

Consumer Confidence Index hits 3-year high

The Consumer Confidence Index rose in February to its highest point in three years as Americans are feeling more optimistic about their income prospects and the direction the economy is headed.

The Conference Board says its Consumer Confidence Index climbed to 70.4 this month, up from a revised 64.8 in January, hitting its highest level since February 2008. It was the index's fifth consecutive monthly increase.



Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2011/02/22/national/a070307S09.DTL

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