Consumer confidence falls in February

Consumer confidence sagged in February as expectations worsened, according to a private sector report released on Tuesday. The Conference Board, an industry group, said its index of consumer attitudes fell to 78.1 from a downwardly revised 79.4 in January. The expectations index fell to 75.7 from a downwardly revised 80.8 last month. "While expectations have fluctuated over recent months, current conditions have continued to trend upward," Lynn Franco, director of economic indicators at The Conference Board, said in a statement.

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