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Story summary
- The Conference Board reported that consumer confidence rose in February, with the Consumer Confidence Index increasing 2.2 points to 91.2.
- The rise follows a sharp January decline tied to concerns about income and job prospects.
- More respondents view jobs as plentiful, signaling a stronger labor-market outlook.
- The index remains below its November 2024 peak.
- Inflation concerns persist as consumers worry about high costs, even as plans to purchase big-ticket items rise.
