US consumer confidence soured in February for the first time in three months

Americans’ attitudes toward the economy worsened in February after a period of improvement, according to a consumer survey released on Tuesday. The survey’s index dropped to 106.7 in February from 110.9 in January. While concerns about rising food and gas prices decreased, worries about the job market increased. The decline in confidence affected all income groups except those earning less than $15,000 and over $125,000. It also affected consumers under 35 and those over 55 but improved slightly for those aged 35 to 54. The story is ongoing and will be updated.