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

The “Eclipse” jewelry collection captures the fleeting moment where light and shadow align though onyx, diamonds, and freshwater pearls.

Buying discipline at trade shows starts with clarity about your inventory levels, Smith writes.

Lazaro Rodriguez Vega was murdered inside Cash Out Gold and Silver in Fort Pierce. A 20-year-old man has been charged in the case.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

A portion of every engagement ring sold in its Austin showroom will support the care and preservation of Austin’s wildflowers and green spaces.


Their partnership combines Gemist’s customization technology with Saban Onyx’s U.S.-based manufacturing capabilities.

Our Piece of the Week, the “Butterfly” necklace, showcases a 7.02-carat oval diamond set between diamond, platinum, and 18-karat gold wings.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

Smith uses a comment he overheard in the grocery store to remind retailers that their job is to inspire buying behavior, not just sell.

“A Girl SMR at Claire’s” celebrates girlhood through the five senses with stacked jewelry, slime toys, scented accessories, and ASMR.

Believed to be one of three made in 1987, the Cartier London Crash was hot at the “Shapes of Cartier” sale at Sotheby’s Hong Kong.

Officials are looking for a group that robbed Marc Robinson Jewelers at an outlet mall in Round Rock, Texas, in broad daylight on April 21.

Sponsored by OROAREZZO International Jewelry Exhibition

Some retailers are taking a nuanced approach to marketing what can be a difficult holiday for many.

The Edge has announced its new CEO, as well as a new partnership with an investment firm focused on founder-led software businesses.

De Beers’ diamond production was up 17 percent in Q1, boosted by increased output at its mines in South Africa and Canada.

A signet ring belonging to the Western film star of Hollywood’s Golden Age will be up for auction at Elmwood’s next month.

Importers can submit claims now to receive money back for the IEEPA tariffs they’ve paid, with refunds expected to take up to 90 days.

The owners of Gregory Jewelers in Morganton, North Carolina, are heading into retirement.

The colored gemstone industry leader is heading into retirement after four years as the association’s CEO.

Susie Dewey joins the Natural Diamond Council as its new chief marketing officer.

The largest known fancy vivid blue-green diamond could fetch more than $12 million at its second auction appearance.

Emmanuel Raheb says jewelers need to start marketing early and make it easy for customers to pick a gift for mom.

In honor of the milestone, the Nebraska jeweler has debuted Leslie & Co., its new in-house jewelry brand.

The trade organization, which held its annual elections earlier this year, also added five new board members.

The “Vault” charm, our Piece of the Week, expands on the memories that can be stored in a locket by connecting to your phone.

The open-to-the-public luxury jewelry and timepiece show, in its second year, is slated for July 23-26.
























