Posted 2/27/2024, 4:52:00 PM
Americans' Economic Confidence Dips in February on Job Market Worries
- Americans' confidence in the economy declined in February, ending a 3-month improving streak
- Concerns grew about the job market, while worries over inflation eased slightly
- Outlook for the next few months worsened, with expectations for income and business conditions dropping
- Inflation expectations edged lower but remain high at 5.2% for the next 12 months
- Despite the decline in confidence, the job market and economy remain relatively strong overall
