WASHINGTON (Reuters) – U.S. consumer confidence increased in February, likely lifted by declining new COVID-19 infections and expectations for additional fiscal stimulus.
The Conference Board said on Tuesday its consumer confidence index rose to a reading of 91.3 this month from 88.9 in January. Economists polled by Reuters had forecast the index nudging up to a reading of 90.
(Reporting by Lucia Mutikani, Editing by Franklin Paul)