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US CONSUMER CONFIDENCE DIPS SLIGHTLY BUT REMAINS HIGH
AppleMagazine
|February 25, 2022
U.S. consumer confidence declined modestly this month but remains high, even as prices for just about everything continue to rise.
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The Conference Board, a business research group, said this week that its consumer confidence index — which takes into account consumers’ assessment of current conditions and their outlook for the future — ticked down to 110.5 in February from 111.1 in January.
The Conference Board’s present situation index, which measures consumers’ assessment of current business and labor conditions, rose slightly this month to 145.1 from 144.5 in January.
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