US Consumer Confidence Rises on Stronger Prospects for Jobs (3)

US consumer confidence ticked up in February on more upbeat prospects for the economy, job market and incomes.

The Conference Board’s gauge increased to 91.2, from an upwardly revised 89 last month, data out Tuesday showed. The latest figure was above all but one estimate in a Bloomberg survey of economists.

A measure of expectations for the next six months climbed by the most since July to 72, while a gauge of present conditions continued to fall.

The rise in confidence comes as recent data has indicated the labor market is showing some signs of stabilization ...