Mumbai, Feb. 9 -- Consumer sentiment in the U.S. has unexpectedly seen a continued improvement in the month of February, according to preliminary data released by the University of Michigan on Friday.
The University of Michigan said its consumer sentiment index rose to 57.3 in February after jumping to 56.4 in January.
With the unexpected increase, the consumer sentiment index reached its highest level since hitting 58.2 in August 2025.
The unexpected uptick by the consumer sentiment index came as sentiment surged among consumers with the largest stock portfolios.
The report said the current economic conditions index climbed to 58.3 in February from 55.4 in January, while the index of consumer expectations edged down to 56.6 in February...