U.S. Consumer Confidence Improves in February; 56% Still Think the Economy Is In a Recession

The IBD/TIPP Economic Optimism Index improved by 0.8 points, or 1.7%, in February, posting 47.3 vs. 46.5 in January. The index is 0.9 points below its 12-month average of 48.2, 2.9 points above its reading of 44.4 in December 2007 when the economy entered the recession, and 2.5 points below its…

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