Business

US consumer confidence dips slightly in February

A man (left) selected flowers at the Flower Market in Los Angeles. The Conference Board said consumer confidence slipped slightly in February from January.
A man (left) selected flowers at the Flower Market in Los Angeles. The Conference Board said consumer confidence slipped slightly in February from January. Nick Ut/Associated Press/File

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WASHINGTON — US consumer confidence fell slightly in February over concerns about the near-term outlook for business conditions and jobs.

The Conference Board said Tuesday that its confidence index dipped to 78.1 this month, down from 79.4 in January.

‘‘Consumers believe the economy has improved, but they do not foresee it gaining considerable momentum in the months ahead,’’ said Lynn Franco, director of economic indicators at the Conference Board.

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