4 Retail Stocks Riding the Wave of Consumer Confidence

The Conference Board's Consumer Confidence Index for January registered an impressive 114.8, marking a significant increase from the downwardly revised figure of 108.0 in December. This marks the third consecutive monthly rise in consumer confidence, reflecting a trend that could contribute to sustained momentum in household spending throughout the year.Dana Peterson, the Chief Economist at The Conference Board, attributes the surge in consumer confidence to various factors. These include a slowdown in infl ...