U.S. consumer sentiment rises slightly in February


By Xu Jing

NEW YORK, Feb. 6 (Xinhua) -- The U.S. Consumer Sentiment Index rose to 57.3 in February 2026, according to a preliminary reading released Friday by the University of Michigan (UM) Surveys of Consumers, up from the final reading of 56.4 in January 2026.

The preliminary reading of the Current Economic Conditions Index rose to 58.3 in February, up from the final reading of 55.4 in January but below last February's 65.7. The Index of Consumer Expectations was 56.6, down slightly from the final reading of 57 in January and below last February's 64.

Though year-ahead inflation expectations fell from 4 percent in January to 3.5 percent in February, the lowest reading since January 2025, this month's reading still exceeds those seen in 2024.

Meanwhile, long-run inflation expectations inched up for the second straight month, from 3.3 percent in January to 3.4 percent in February.

"While sentiment is currently the highest since August 2025, recent monthly increases have been small ... and the overall level of sentiment remains very low from a historical perspective," said UM Surveys of Consumers Director Joanne Hsu. "Concerns about the erosion of personal finances from high prices and elevated risk of job loss continue to be widespread."

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Taiwan parliament authorises government to sign stalled US arms deals
Pakistan bombs fuel depot of private airline near Kandahar airport, Afghan Taliban says
US carrying out rescue effort after military aircraft crash in Iraq
One-fifth of Australian teens still use TikTok, Snapchat after social media ban
South Korea to host French President Macron for April 2-3 state visit, Blue House says
Cuba to release 51 prisoners under agreement with the Vatican
Canada to boost Arctic defenses, says it can no longer rely on others
US carrying out rescue effort after losing aircraft in Iraq, US military says
North Korea says Japan's missile expansion is raising regional security risks
Latvia's ex-president warns of U.S. trade weaponization

Others Also Read