Consumer sentiment in the United States deteriorated in February

By: Trademagazin editor Date: 2021. 03. 02. 11:05
Consumer sentiment in the United States deteriorated in February, according to a standard monthly survey by the University of Michigan.

According to preliminary data, the value of the consumer sentiment index fell to 76.8 points from 79.0 points in January. The final figure is more favorable than the 76.5 points expected by analysts and the preliminary 76.2 points reported two weeks ago.

Among the sub-indices, the indicator of consumer expectations for the next six months decreased from 74.0 points to 70.7 points, and the value of the sub-indicator reflecting the current situation decreased from 86.7 points to 86.2 points. Only the index of expectations changed, the final value being 0.9 points higher than the previous one. (MTI)

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