Consumers’ attitude toward the economy dipped during President Trump’s first month in office, according to the University of Michigan’s monthly consumer survey released Friday.  Consumer sentiment

Inflation expectations jumped to 4.3% this month from 3.3% in January, the highest reading since 2023.

Americans’ confidence in the economy remains in solidly negative territory as Gallup’s Economic Confidence Index (ECI) holds steady at -19 for February, the same as January. This index measures both public evaluations of current economic conditions and their outlook on the economy’s future.