(Bloomberg) -- U.S. consumer confidence rose in February to a three-month-high as Americans grew more upbeat about the current labor market and economy’s progress.
The Conference Board’s index of sentiment increased to 91.3 from a revised 88.9 reading in January, according to a report on Tuesday. The median forecast in a Bloomberg survey of economists called for the measure to rise to 90.
The gauge of sentiment about current conditions rose to 92 from 85.5 in January, while a measure of expectations fell.
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