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U.S. Consumer Confidence Edges Higher to 91.2 in February as Job Views Brighten

Improved labor perceptions among younger consumers lifted the gauge off January’s trough.

Overview

  • The Conference Board index rose 2.2 points to 91.2, with January revised up to 89.0 from the initially reported 84.5.
  • The share saying jobs are plentiful increased to 28%, supported by recent data showing 130,000 jobs added in January and a 4.3% jobless rate.
  • The Expectations Index climbed to 72, marking a modest improvement but a 13th straight month below the 80 level often associated with recession risk.
  • The Present Situation Index slipped to 120 as consumers reported elevated concerns about prices, with inflation expectations little changed and mentions of trade and politics increasing.
  • Gains were concentrated among people under 35 and Gen Z, and plans to buy big‑ticket items such as used cars, furniture, TVs and smartphones picked up.