Briefing.com: Mich Sentiment

Updated: 20-Feb-26 10:33 ET

February Univ. of Michigan Consumer Sentiment - Prelim

Updated: 20-Feb-26 10:33 ET

Highlights

The final University of Michigan Consumer Sentiment reading for February decreased to 56.6 (Briefing.com consensus: 57.3) from the preliminary reading of 57.3. The final reading for January was 56.4.
In the same period a year ago, the index stood at 64.7.

Key Factors

The Current Economic Conditions Index dipped to 56.6 from the preliminary reading of 58.3. The final reading for January was 55.4. In the same period a year ago, the index stood at 65.7.
The Index of Consumer Expectations was 56.6, unchanged from the preliminary reading. The final reading for January was 57.0. In the same period a year ago, the index stood at 64.0.
Year-ahead inflation expectations dropped to 3.4% from the preliminary reading of 3.5%. The final reading for January was 4.0%.
Long-run inflation expectations slipped to 3.3% from the preliminary reading of 3.4%. The final reading for January was 3.3%.

Big Picture

The key takeaway from the report is that there were stark differences in sentiment among consumers with stock holdings (large increase in sentiment) and consumers without stock holdings (a decline in sentiment).