By  on February 25, 2014

Uncertainty about long-term economic conditions combined with the winter blues to lower consumer confidence in February.

The Conference Board’s Consumer Confidence Index slipped to 78.1 this month from January’s level of 79.4, a figure that was revised downward from 80.7. The decline was wholly attributable to a slip in the Expectations Index, which fell to 75.7 from 80.8 last month, while the Present Situation Index ascended to 81.7, its highest level since it hit 81.9 in April 2008, from 77.3 a month ago.

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