Harsh winter weather left U.S. consumers feeling a bit less confident this month, the University of Michigan says. But confidence levels still remain at the highest level in eight years.
The University of Michigan says its index of consumer sentiment slid to 95.4 in February from an 11-year high of 98.1 in January.
Continue Reading Below
Earlier this week, the Conference Board, a business research group, said that its consumer confidence index fell a bit this month but remained at the highest levels since before the Great Recession began in late 2007.