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Economy Report: Positive Indicators Mar 9, 2021 One important indicator of consumer confidence rose in February, a hopeful sign for the economy as the pandemic entered a second year amid more than 500,000 deaths from the coronavirus in the United States. The Conference Board reported that its Consumer Confidence Index climbed to 91.3 from a revised 88.9 in January. For the overall index, this was a three-month high. “After three months of consecutive declines in the Present Situation Index, consumers’ assessment of current conditions improved in February,” Lynn Franco, senior director of economic indicators at The Conference Board, stated in a press release. “This course reversal suggests economic growth has not slowed further. While the Expectations Index fell marginally in February, consumers remain cautiously optimistic, on the whole, about the outlook for the coming months. Notably, vacation intentions particularly, plans to travel outside the U.S. via air saw an

United statesJerome powellLynn francoChuck fowkeBill hodgesRobert dietzLawrence yunSung won sohnHolden lewisRichard curtinCentek industriesNational federation of independent businessFederal reserveUniversity of michiganCommerce departmentSenate banking committee