US CB Consumer Confidence (Feb) 91.2 vs. Exp. 87 (Prev. 84.5 , Low. 85.5 , High. 90.5 )

Present SituationConsumers' views of current business conditions deteriorated on net in February.

• 19.7% of consumers said business conditions were "good," a small uptick from 19.6% in January.
• 19.0% said business conditions were "bad," up from 17.3%.

On net, consumers' views of the labor market improved slightly in February.

• 28.0% of consumers said jobs were "plentiful," up from 25.8% in January.
• 20.6% of consumers said jobs were "hard to get," up from 19.0%.

Expectations Six Months HenceConsumers were less pessimistic about future business conditions in February.

• 17.6% of consumers expected business conditions to improve, up from 16.5% in January.
• 21.0% expected business conditions to worsen, down from 23.7%.

Consumers were also less negative about the labor market outlook in February.

• 15.7% of consumers expected more jobs to be available, up from 14.8% in January.
• 26.1% anticipated fewer jobs, down from 28.7%.

Consumers' outlook for their income prospects was slightly more optimistic in February.

• 17.3% of consumers expected their incomes to increase, up slightly from 17.2% in January.
• 12.3% expected their incomes to decline, down from 12.7%.