Consumer Confidence Rises As More Americans See Plentiful Jobs

Consumer confidence improved in February as more Americans reported plentiful job opportunities and grew less pessimistic about the economic outlook, according to data released Tuesday by the Conference Board.

The share of consumers saying jobs are plentiful climbed to 28 percent, a three-month high, up from 25.8 percent in January. The Conference Board’s Consumer Confidence Index increased 2.2 points to 91.2, from an upwardly revised 89.0 in January. The Expectations Index—measuring consumers’ short-term outlook—jumped 4.8 points to 72.0, the largest monthly gain since July.

The improvement was driven by younger Americans. Confidence rose for…

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