Preliminary February Consumer Sentiment unchanged at 81.2 - InvestingChannel

Preliminary February Consumer Sentiment unchanged at 81.2

Consumer Sentiment
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The preliminary Reuters / University of Michigan consumer sentiment index for February was at 81.2, unchanged from January.

This was above the consensus forecast of 80.0. Sentiment has generally been improving following the recession – with plenty of ups and downs – and a big spike down when Congress threatened to “not pay the bills” in 2011, and another smaller spike down last October and November due to the government shutdown.

I expect to see sentiment at post-recession highs very soon.

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