Consumer sentiment inches up in February

Posted by Reuters

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Consumer sentiment rose marginally in February even as concerns about the extreme weather persisted, a survey released on Friday showed.

The Thomson Reuters/University of Michigan’s final reading on the overall index on consumer sentiment for February came in at 81.6, slightly above the 81.2 in both the preliminary February number and the final January reading.

It was also slightly above the median forecast of 81.3 among economists polled by Reuters.