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Home Economy

Consumer sentiment fell in February

March 1, 2024
Reading Time: 1 min read
Survey: Consumers largely satisfied with banking service providers

The University of Michigan Consumer Sentiment Index decreased 2.7% in February compared to the month prior, landing at 76.9, according to final results for the month. The February figure was up 14.9% from a year ago. The current conditions component of the index fell 3.1% from the month prior, landing at 79.4, while the consumer expectations index decreased 2.5% to 75.2.

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