US February consumer confidence index 110.5 vs 110.0 expected

  • US February consumer confidence index
consumer confidence
  • Prior was 113.8 (revised to 111.1)
  • Present situation 145.1 vs 148.2 prior
  • Expectations 87.5 vs 90.8 prior
  • Jobs hard to get 11.8 vs 11.3 prior
  • One-year inflation 7.0% vs 6.8% prior

There were downward revisions on the prior components as well so this index is generally flat. That's a bit concerning given the omicron improvements this month. The Markit PMI was strong but consumers aren't feeling it, at least not yet.

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