CONSUMER CONFIDENCE REPORTED UP IN FEBRUARY

NEW YORK (FNS) -- The Consumer Confidence Index rose 3.2 points in February compared with the previous month, but fell 6.2 points from last year when the index hit a 30-year high of 138.3.According to the monthly index released by the Conference Board here, consumer confidence in February reached 132.1, up from January's index of 128.9. Low inflation and interest rates, increasing job security and

NEW YORK (FNS) -- The Consumer Confidence Index rose 3.2 points in February compared with the previous month, but fell 6.2 points from last year when the index hit a 30-year high of 138.3.

According to the monthly index released by the Conference Board here, consumer confidence in February reached 132.1, up from January's index of 128.9. Low inflation and interest rates, increasing job security and a stable stock market continued to bolster the economy and consumer confidence.

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