Consumer Sentiment Rises Again But High Inflation Still Weighs on Outlook
• Consumer sentiment ticked higher in February after large increases in December and January, indicating Americans feel better about the economy • Sentiment remains below pre-pandemic levels due to high inflation frustrating consumers • Improving confidence suggests consumers feel assured about slowing inflation and strong job market • Positive economic data shows growth, hiring, and declining inflation in recent weeks • Partisan gap in economic perceptions has intensified, with Democrats much more confident than Republicans