Off the wire
• U.S. dollar mixed against other major currencies  • Kenya seeks to curb cattle rustling in northwest region  • Feature: Greek city gears up for Sunday's Carnival climax  • Bank of Ireland reports 11-pct decrease in 2016 profits  • Albania to eradicate phenomenon of cannabis cultivation this year: minister  • Nigeria renews commitment to save Lake Chad Basin from shrinking  • Ghanaian legislators condemn xenophobic attacks in South Africa  • Aid agency says imminent famine threatens children survival in Somalia  • Italy's industrial turnover, orders increase in December: ISTAT  • Spain's Barcelona gets ready for the Mobile World Congress  
You are here: 　 Home

U.S. consumer sentiment falls to 96.3 in February

Xinhua, February 25, 2017 Adjust font size:

U.S. consumer sentiment slid in February from a record-high level in January, and consumer confidence still maintained at relatively high level.

The final reading of the consumer sentiment for February fell to 96.3 from 98.5 in January, said the Thomson Reuters/University of Michigan index of consumer sentiment on Friday.

"Overall, the sentiment index has been higher during the past three months than any time since March 2004," said survey director Richard Curtin in a statement.

The sub-index of current conditions, reflecting Americans' perceptions of their financial situation and whether they consider it a good time to buy big-ticket items like cars, increased to 111.5 from 111.3 last month.

The sub-index gauging consumer expectations for six months from now, which more closely projects the direction of consumer spending, decreased to 86.5 from 90.3 in January. Endit