Consumer Confidence Dips Slightly

WASHINGTON (February 25, 2014) Consumer confidence fell slightly in February over concerns about the near-term outlook for business conditions and jobs, according to the Conference Board, which said Tuesday that its confidence index dipped to 78.1 in February, down from 79.4 in January.

Conference Board economist Lynn Franco says the index still suggests consumers believe the economy has improved although they do not expect it to gain significant momentum in coming months.

Consumer sentiment is closely watched for indications about how it will impact consumer spending, which accounts for 70 percent of economic activity.


KWTX-TV News 10 6700 American Plaza Waco, Texas 76712 (254) 776-1330 Fax (254) 751-1088
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 247087511 - kwtx.com/a?a=247087511
Gray Television, Inc.