Comment on US consumer confidence rises to highest level since 2001

US consumer confidence rises to highest level since 2001

The Conference Board says its consumer confidence index rose to 114.8 in February from 111.6 in January and the highest since July 2001.The index measures both consumers' assessment of current conditions and their expectations for the future. Economists closely monitor consumers' mood because their spending accounts for about 70 percent of U.S.

 

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