Consumer Sentiment Rises in Late February


U.S. consumer sentiment fell from an 11-year high in February, a survey released on Friday showed.

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The University of Michigan's final February reading on the overall index on consumer sentiment was 95.4, higher than the initial reading of 93.6 and the market forecast for a reading of 94.0.

However, February's final sentiment index was lower than January's final reading of 98.1.