U.S. consumer confidence improves despite higher taxes

02/26/2013 | Bloomberg

Topping estimates of economists who keyed on a boost in U.S. payroll taxes, consumer sentiment improved to a reading of 69.6 this month from a revised 58.4 in January, as measured by a Conference Board index. The latest number is up sharply from a post-recession average index reading of 53.7.

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