US consumer sentiment in February finished weaker than January on worries about the economy, which could crimp future spending, a report showed on Friday.
The University of Michigan's final February index of consumer sentiment was at 86.7, its lowest level in three months. It was down from the preliminary February figure of 87.4 and January's final reading of 91.2, said sources who saw the subscription-only report.
The median forecast of Wall Street economists polled by Reuters was 88.0.
"It reflects some loss of momentum from January," said Anthony Chan, chief economist at J.P. Morgan Private Client Services in Columbus, Ohio. "Activity in January was a bit too euphoric given the underlying economic fundamentals. This month is more realistic," he said.
The survey's two other gauges also finished below analyst expectations.
The survey's index of current conditions fell to 105.6 from 107.7 in early February and 110.3 at the end of January.
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