Consumer Confidence Falls to 10-Month Low in February

U.S. consumer confidence fell in February to the lowest in 10 months, as consumers' short-term outlook for the jobs market worsened, according to a private report released Tuesday.

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The Conference Board, an industry group, said its index of consumer attitudes fell to 46.0 in February from a revised 56.5 in the prior month. February's reading is the lowest since April 2009.

The median of forecasts from analysts polled by Reuters as for a February reading of 55.0. The expectations index fell to 63.8 from 77.3. The present situation index dropped to 19.4 from 25.2 in January, the worst since February 1983. Read more