QVMS - Consumer Confidence Weakened Slightly In February

• The Consumer Confidence Index from The Conference Board fell again in February but remains at a historically favorable level overall, decreasing 0.6 points, or 0.5 percent, to 110.5.
• The decline in the composite index was driven by the expectations component, which lost 1.3 points, taking it to 87.5, while the present-situation component increased 0.6 points to 145.1.
• Within the expectations index, expected business conditions improved from January, while expected employment conditions and expected income fell slightly.
• For the present situation index, current business conditions improved, while employment conditions weakened slightly.

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