The hard numbers agree with that assessment. Retail growth came in at a 3.7 percent increase in February, and the International Council of Shopping Centers expects a March number in the area of 3.5 percent growth. Housing prices are also up a tick in the most recent figures.
So what happened to consumer confidence in February? It's possible it was just a statistical blip. The Conference Board calculates its consumer confidence number by surveying 5000 households chosen at random. While that's enough to provide a statistically significant sample, there's always a small chance that enough wayward households got into the February sample to skew the numbers a bit. Given that the February retail numbers - the ones most affected by consumer confidence - didn't show any weakness at all, that seems a likely occurrence.