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US consumer sentiment rises to six-month high in early February

The University of Michigan Consumer Sentiment Index rose to 57.3 in February, driven by gains among wealthier consumers despite ongoing labor market and inflation worries.

  • The University of Michigan Surveys of Consumers said its index rose to 58.3 in February, the highest since August 2025, up from 55.4 in January.
  • Driven by stock-market gains, households with the largest stock portfolios led the third straight monthly rise, reflecting a K-shaped economy before the recent stock market selloff.
  • The University of Michigan data showed the sentiment index rose to 57.3, expectations for inflation over the next five years increased to 3.4, and year‑ahead expectations fell to 3.5.
  • Despite the rise, job‑market worries persisted as U.S. job openings fell to a more‑than‑five‑year low and consumer sentiment remains about 20% below January 2025.
  • Economists cautioned that modest monthly gains indicate some positive momentum, but the overall sentiment remains very low, as the University of Michigan said recent increases are small and the level stays low from a historical perspective.
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Center

The University of Michigan's consumer sentiment index for the US economy rose to 57.3 in early February from 56.4 in January, according to a report by the University of Michigan. This contradicted Wall Street analysts' expectations for a decline.

Lean Right

A survey by the University of Michigan also shows that inflation expectations for the next 12 months were 3.5%.

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FXStreet broke the news in on Friday, February 6, 2026.
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