Mid-February UM Consumer Sentiment Nearly Reached Post-Recession High-Water Mark

The University of Michigan’s mid-month, preliminary reads on consumer sentiment and expectations both reached their second highest points since the Great Recession in February. The Sentiment Index rose to 100.9 from 99.8 in the final January reading, while the Expectations Index increased more than two points to 92.6. UM Surveys of Consumers Chief Economist Richard…