Consumer sentiment slips in final February read
The University of Michigan's final February consumer sentiment index reading was 99.7, compared to the preliminary February 99.9 and the final January 95.7, according to market sources.
The expectations index was 90.0, compared to the preliminary February 90.2 and the final January 86.3.
The current conditions index was 114.9, compared to the preliminary February 115.1 and the final January 110.5.
The five-year inflation expectation index was 2.5%, compared to 2.5% in January, while the one-year inflation expectation index was 2.7%, compared to 2.7% in January.
The University of Michigan index is not released to the press, but only to paying subscribers.