American consumers were feeling more confident this month after a rally in the stock market and an end to partial shutdown of the federal government.
The Conference Board, a business research group, says its consumer confidence index rose to 131.4 from 121.7 in January.
The index measures consumers’ assessment of current economic conditions and their expectations for the next six months. Both rose in January. Consumers’ views of today’s economy were the sunniest since December 2000.