Fundamental: US Consumer Confidence Drops on More Pessimistic Outlook

US consumer confidence unexpectedly declined in February, as rising prices and deepening concerns about the outlook outweighed the near-term strength of the labor market. The Conference Board's index decreased to 102.9 from a 106 reading in January, data out Tuesday showed. The median forecast in a Bloomberg survey of economists called for the gauge to rise ...     Alert Mar 1, 2023, 12:17am Fundamental: US Consumer Confidence Drops on More Pessimistic Outlook US consumer confidence unexpectedly declined in February, as rising prices and deepening concerns about the outlook outweighed the near-term strength of the labor market. The Conference Board's index decreased to 102.9 from a 106 reading in January, data out Tuesday showed. The median forecast in a Bloomberg survey of economists called for the gauge to rise ... View Story Edit This Alert     You've opted-in to receive Alerts from Forex Factory. • Unsubscribe from this content • Enable Do-Not-Disturb to pause all Alerts • Contact FF for Alert support