Economics

Consumer Sentiment Improves Modestly In February

Improvement in views of the current economy offset a dip in future expectations.
AUSTIN, TEXAS - FEBRUARY 08: A customer shops for eggs at a H-E-B grocery store on February 08, 2023 in Austin, Texas. Wholesale egg prices have begun declining more than 50% since December record highs according to Urner Barry data. (Photo by Brandon Bell/Getty Images)

A customer shops for eggs at a grocery store, Feb. 8, 2023, in Austin, Texas. “Combined with concerns over rising unemployment on the horizon, consumers are poised to exercise greater caution with their spending in the months ahead,” said Joanne Hsu, the director of the survey from the University of Michigan.(BRANDON BELL/GETTY IMAGES)

Consumer sentiment ticked up modestly in February, even as Americans grew a little less optimistic about future conditions, according to the monthly survey from the University of Michigan released on Friday.

Read more here: https://www.usnews.com/news/economy/articles/2023-02-10/consumer-sentiment-improves-modestly-in-february

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