The New York City skyline in the United States

United States Consumer Confidence February 2021

United States: Consumer confidence rises in February

Consumer confidence came in at 91.3 in February, up from January’s 88.9. As a result, the index moved closer to the 100-threshold, but still indicated pessimism among consumers.

The uptick came on the back of a strong increase in consumers’ assessment of current labor market and economic conditions, likely buoyed by the ongoing rollout out of an effective Covid-19 vaccine across the country. That said, consumers’ outlook on future economic and labor market conditions fell marginally.

Lynn Franco, senior director of economic indicators at the Conference Board, noted:

“While the Expectations Index fell marginally in February, consumers remain cautiously optimistic, on the whole, about the outlook for the coming months. Notably, vacation intentions—particularly, plans to travel outside the U.S. and via air—saw an uptick this month, and are poised to improve further as vaccination efforts expand.”

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest