Consumer Confidence Edges Up in February
Consumers were somewhat less worried about the future, though concerns about rising prices and politics remained.

The Conference Board’s monthly Consumer Confidence Index increased to 91.2 in February from an upwardly revised 89 in January.
“Confidence ticked up in February after falling in January, as consumers’ pessimistic expectations for the future eased somewhat,” said Dana M. Peterson, chief economist at The Conference Board.
“Four of five components of the index firmed. Nonetheless, the measure remained well below the four-year peak (112.8) achieved in November 2024.”
The Conference Board’s Present Situation Index, which measures consumers’ current view of business and labor market conditions, slipped to 120 in February from an upwardly revised 121.8 in January.
Consumers were more pessimistic about current business conditions, while views on employment improved slightly.
The labor market differential—the share of consumers saying jobs are “plentiful” minus the share saying jobs are “hard to get”—rose less than 1 percent.
The Expectations Index, which measures consumers’ outlook on income, business, and labor market conditions in the near future, rose to 72 in February from an upwardly revised 67.2 in January. (The preliminary cutoff date for The Conference’s Board February survey was Feb. 17, meaning the results came in before the start of the current conflict in Iran.)
It marked the 13th consecutive month that expectations remained below the threshold of 80, a level which typically signals a recession is ahead, according to The Conference Board.
Expectations for business and labor market conditions six months from now were less negative, while income expectations were more positive.
By demographic, confidence on a six-month moving average basis was up in February for consumers under 35, which continues to be the most optimistic group. For those 35 and older, confidence declined.
By income, confidence on a six-month moving average basis continued to slip for nearly everyone.
By political affiliation, consumer confidence was up for Republican and Independent voters in February after a decline in January. Democrats, however, were less optimistic.
“Consumers’ write-in responses on factors affecting the economy continued to skew towards pessimism,” Peterson said. “Comments about prices, inflation, and the cost of goods remained at the top of consumer’s minds.”
Mentions of trade, politics, and immigration were up in February, while labor market mentions declined, said The Conference Board.
As for inflation, consumers’ average and median 12-month inflation expectations remained elevated, though saw little change.
Respondents said they believe interest rates will continue to be at higher levels over the next 12 months.
Looking at the stock market, most respondents said they expect stock prices to be higher 12 months from now, although the share of respondents who feel that way was down slightly month-over-month.
When asked about their view of their family’s current financial situation, respondents were more pessimistic after an “unexpected surge” in positive sentiment in January.
Their expectations for their family’s future financial situation also were more pessimistic.
As for a recession, the percentage of respondents who think a U.S. recession is “very likely” over the next 12 months declined, while those saying it is “not likely” rose.
Looking at their shopping plans, more consumers said they plan to buy big-ticket items over the next six months.
The most popular items included used cars, furniture, TVs, and smartphones.
As for home buying, expectations were little changed in February but continued to fall on a six-month basis. However, the share of survey-takers who said they plan to buy a home in the near future is still higher than it was last year.
Plans to spend on services over the next six months dipped slightly in February but remained at a “healthy” level.
Plans to go on a vacation in the next six months also declined in February, both for domestic and international travel.
“Consumer spending trends in 2026 remain focused on cheap thrills and necessary services, and away from expensive and highly discretionary activities,” The Conference Board said.
The Consumer Confidence survey results for March are scheduled to be released on March 31.
The Latest

Found by a metal detectorist, the ring likely belonged to a wealthy, possibly royal, owner, said Noonans.

Our Pride Month Piece of the Week, the “Margaux” ring, is part of the wife-and-wife team’s new “Lovestoned” collection.

The group has named the keynote speaker and announced a new pavilion for its next event, which is slated for September.

As gold prices rise, today’s retailers are looking for alternatives at prices that will appeal to wider audiences.

From lions and hippos to snails and fish, Senior Editor Lenore Fedow wrangles her picks for cutest jewelry critters in Las Vegas.


The big stone will be fashioned into a 20.26-carat diamond in celebration of the retailer’s 100th anniversary this year.

Marie-Laure Cérède will join Chanel as the new director of its jewelry creation studio, starting in October.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

At the JCK show, the lab-grown diamond brand teamed up with Jewelers for Children to support Make-A-Wish India.

Ilana McCabe is Signet’s vice president of public relations and brand communications.

It was a banner day for blue gemstones, with another blue diamond topping $8 million and a 41-carat sapphire going for $2.3 million.

The approval means the retailer is on track to exit bankruptcy proceedings this summer.

The men are believed to be part of the group of several masked suspects that robbed Marc Robinson Jewelers in April.

The bridal-focused brand is also launching its Custom Atelier this summer, a digital custom design tool for its authorized retailers.

The De Beers Group CEO also discussed tariffs, Desert Diamonds, and the pending sale of De Beers in an interview with Michelle Graff.

The industry veteran is bringing his 56-year run in the fine jewelry sector to an end.

The panel discussion will feature LGBTQ+ leaders across the jewelry, luxury, and creative industries.

Inspired by a locket that got run over, the “Smash” capsule collection reimagines the shape of Lichtenberg’s signature style.

The company has promoted Katherine Whitacre to the role.

The jewelry manufacturer has added Taylor Swift-esque diamond shapes, and more silver, gold vermeil, and gold-plated jewelry.

Morrison has been marketing diamonds on and off since the early 2000s and said she is leaving to “pursue new projects.”

Those born in June can celebrate with pearl, alexandrite, and moonstone jewelry.

The platform allows retailers to guide clients through a customizable engagement ring buying experience in a branded interface.

Jim Springer, owner of Dunkelberger’s Fine Jewelry, is heading into retirement.

The “Tunnel” charm, our Piece of the Week, celebrates Pride Month with its design inspired by hope and the light at the end of the tunnel.

The jewelry industry is reassessing its positioning as Gen Z reshapes the retail landscape and lab grown continues to gain market share.

Up for auction at Sotheby’s, the collection of Tempelsman’s personal effects includes a Cartier Tank watch Jackie O. gifted him.
























