U.S. consumer confidence on slope after five months

According to a recent survey of the University of Michigan; in February, consumer pessimism increased in the U.S. -. The consumer confidence index decreased to 72.5 points from  75, while the consensus was 74 points.

The momentum broke after five months: consumer confidence did not increase further in February in the United States, even falling faster than expected. The main index fell from 75 points to 72.5 points, which is less surprising, since the expert consensus was 74 points.
In the years before the outbreak of the crisis, the index had an annual average of 87 points, so consumers were much more optimistic than now – reports portfolio.hu.