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Finally, the University of Michigan's preliminary consumer sentiment index for February came in at 69.6, falling from 78.4 in January.
The University of Michigan's consumer sentiment index showed a larger-than-expected drop in confidence.
The consumer sentiment index for February slid to 94.4, from 103.8 in January.
The preliminary consumer sentiment index is derived from a telephone survey of 500 households.
The University of Michigan's consumer sentiment index rose to 93.5 in August from 92.4 in July.
And the University of Michigan's August consumer sentiment index dipped to 91.5 from 92.4 in July.
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The consumer-sentiment index, which rises above 100 when more consumers expect a worsening economy in the coming year, went up by 16 points to 148.
The university produces a monthly consumer-sentiment index that it sells to Thomson Reuters for $1 million per year.
The University of Michigan releases its consumer-sentiment index this morning, and it is likely that confidence hasn't exactly come bounding back.
The final November reading on consumer sentiment index was 71.6, up from 67.7 in October.
The University of Michigan's consumer sentiment index slid to 93.6 from 98.4 in December, a level not seen since June 1996.
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