68°F
weather icon Clear

Consumer confidence hits 3-year high

NEW YORK -- Consumer confidence rose in February to its highest point in three years as Americans feel more optimistic about their income prospects and the direction the economy is headed, a private research group reported Tuesday. The Conference Board says its Consumer Confidence Index climbed to 70.4 this month, up from a revised 64.8 in January, hitting its highest level since February 2008.

Don't miss the big stories. Like us on Facebook.
THE LATEST
Hamas accepts proposal for cease-fire in war with Israel

The cease-fire agreement was announced hours after Israel ordered Palestinians to begin evacuating from Rafah, signaling an invasion was imminent.