WASHINGTON (FNS) -- Consumer confidence dipped in February for the first time since October, after hitting an all-time high in January.
The Consumer Confidence Index for the month, released Tuesday by the Conference Board, dropped to 141.8 from 144.7 in January. Last February's index measured 133.1. Consumer confidence slumped last October, when it was 130.5, but had steadily risen since then.
Analysts said the drop, primarily a result of rising interest rates and higher gas p