USA: Household morale at its lowest since 2011-Michigan, Market news

PARIS, Feb 25 (Reuters) – The morale of American households deteriorated in February to fall to its lowest level in more than a decade, the final results of the monthly survey from the University of Michigan showed on Friday.

Its confidence index fell to 62.8 after 67.2 in January when an initial estimate had given it to 61.7 two weeks ago. This is the lowest figure recorded since October 2011.

The consumer judgment component of their current situation fell to 68.2 from 72.0 last month and the outlook component fell to 59.4 from 64.1. (Written by Marc Angrand, edited by Jean-Michel Bélot)

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