Consumer Confidence Declines in February

Click here to write a Letter to the Editor.
U.S. consumer confidence fell this month from a two-year high in January, according to the University of Michigan’s monthly consumer sentiment index released Friday.The preliminary index, which will be updated at month’s end, fell to 93.3 from a 96.9 reading in January.Economists had expected the index to fall to 96.5, Bloomberg reported.