EUREKONOMICS.com

The Four Pillars of Every Successful Personal Economy

First Pillar - You capture in your own EUREKONOMICS ™ account, the interest and principal you pay to others. Stop living as the indentured servant to lenders, credit cards, tax collectors and Behemoths whose only goal is to consume your money and enhance their wealth.

You are here: Home >> The General Economy >> Consumer sentiment down in February
  • Decrease font size
  • Default font size
  • Increase font size
Consumer sentiment down in February
Wednesday, 17 February 2010 21:03

Confidence fell unexpectedly among U.S. consumers during February after reaching a two-year high, as concerns over the state of the job market linger.

The Reuters/University of Michigan preliminary consumer sentiment index fell to 73.7 from 74.4 in January.

The index reached a 30-year low of 55.3 in November 2008, but has been improving steadily ever since.

The measure of current conditions, which measures Americans' perceptions of their own finances and whether it's a good time to make large purchases such as cars and houses climbed to 84.1 from 81.1 the previous month.

Meanwhile, the index of expectations six months from now fell to 66.9 from 70.1 in January.

Comments (0)

Subscribe to this comment's feed

Write comment

You must be logged in to post a comment. Please register if you do not have an account yet.

busy