Financial Stability Plan

According to forex reports in February Consumer Confidence fell from 61.2 to 56.2 though economists expected the index to fall slightly to 60.6. The decrease can be imputed to the U.S. economic stress where job losses have exceeded 3.5 million since the start of the recession and growth outlook remains uncertain. Confidence is an important indicator of where consumers see the economy heading, and a rising indicator often precedes rising GDP in a downturn.