---
title: "CNBC: Consumer Confidence Hits 130.8 in February vs. Expectation of 126.3"
url: https://burnaze.com/article/2b706925-d42a-4a63-a6b8-325b3d510d5b
source: "1851 Franchise"
original_url: https://1851franchise.com/cnbc-consumer-confidence-hits-1308-in-february-vs-expectation-of-1263-2705733
category: "General"
published: 2018-02-28T18:13:01.000Z
modified: 2026-11-01T04:09:43.863Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/2d1c9b763463075e3513b688e337a1be1272.jpg
---

# CNBC: Consumer Confidence Hits 130.8 in February vs. Expectation of 126.3

**TL;DR:** U.S. consumer confidence grew in February, reaching 130.8, according to the Conference Board's measure. The increase is attributed to an improving labor force, allowing franchise brands to tap into willing consumers.

*originally published in 1851 Franchise on 2018-02-28. [Read the original](https://1851franchise.com/cnbc-consumer-confidence-hits-1308-in-february-vs-expectation-of-1263-2705733).*

## Story

After rebounding in January and reaching its highest level since 2000, U.S. consumer confidence once again grew in February. CNBC notes that the Conference Board’s measure of consumer attitudes on both current and future economic conditions jumped to 130.80 this month. That’s an improvement from January’s score of 124.30.

In an interview with CNBC, Lynn Franco, The Conference Board’s director of economic indicators, said, “Despite the recent stock market volatility, consumers expressed greater optimism about short-term prospects for business and labor market conditions, as well as their financial prospects. Overall, consumers remain quite confident that the economy will continue expanding at a strong pace in the months ahead.”

An improving labor force is the main factor behind the increase. This means that franchise brands across the country can tap into consumers who are willing to spend.

## Entities

- 1851 Franchise (publication)
- General (sector)
- labor market (topic)
- consumer confidence (topic)
- economic conditions (topic)

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Originally reported by 1851 Franchise (https://1851franchise.com/cnbc-consumer-confidence-hits-1308-in-february-vs-expectation-of-1263-2705733). Summarized by Burnaze (https://burnaze.com/article/2b706925-d42a-4a63-a6b8-325b3d510d5b).