US consumers less confident than expected in February

Washington (AFP) – US consumers felt only slightly more confident in February, a result that fell well below analyst expectations amid fears of a worsening job market and business conditions, a private survey released Tuesday said.The monthly survey was a mixed result compared to January’s upbeat assessment, though there were no indication that Americans were beginning to seriously doubt the strength of the world’s largest economy, where consumer spending is a mainstay.The Conference Board also moderated its result from January, dropping by almost a full point its initial result that showed co…

Read More