consumer confidence index

Americans are focusing on the good amid the latest barrage of conflicting economic news. The Consumer Confidence Index barely budged in March after hitting its highest level since before the financial crisis began in February.

A private research group says that consumer confidence in February rose dramatically from last month to the highest level since a year ago when the U.S. economy's outlook started to look brighter before souring again. The Conference Board's Consumer Confidence Index now stands at 70.8, up from a revised 61.5 in January, helped by consumers' improving assessment of the job market. Analysts had expected a reading of 63. The February reading marks the highest level since February 2011 when it was 72.0.

Americans are gaining faith that the economy is on the upswing. The monthly Consumer Confidence Index surged to the highest level since April and is approaching a post-recession peak. The New York-based Conference Board said Tuesday that its Consumer Confidence Index rose almost 10 points to 64.5, up from a revised 55.2 in November.

Americans say they feel worse about the economy than they have since the depths of the Great Recession. And it's a bad time for a bad mood because households are starting to make their holiday budgets. It might not be all doom and gloom, though. Sometimes what people say about the economy and how they behave are two different things.

One of several metrics economists use to gauge the health of the economy is the Consumer Confidence Index. But in bleak times, like our ongoing post-recession struggle, the CCI can become a self-fulfilling prophecy of doom. We need to break free from this downward spiral; here are 4 ways for consumers to play the recession (and hopefully lift their spirits).

Consumer sentiment is at its lowest level in two years, while the so-called "Misery Index" stands at a three decade-high. And it's true: Americans aren't spending as robustly as they once were. But when you look at the numbers, it becomes clear that U.S. consumers aren't down for the count just yet.

Firecracker remnants may still dot the nation's sidewalks, but retail forecasters are already talking about back-to-school shopping season -- and they're happy to do so. The improved economic environment is setting the stage for sales gains in everything from tablet computers to bold-colored jeans.

The consumer confidence index surged another 5.6 points to 70.4 in February - its highest level in three years - as Americans continued to express confidence that the economy will improve in the months ahead, the Conference Board said.

The Conference Board's closely watched index unexpectedly surged 7.3 points to 60.3 in January -- rising to its highest level since May -- as Americans' started 2011 optimistic that the job market and U.S. economy would keep improving.

Even as the year winds to a close this week, a handful of economic releases are on the schedule. Starting on Monday, the Chicago Fed releases its Midwest Manufacturing Index for November. Then we'll see consumer confidence, jobless claims and more.