Total consumer spending increased by just $8.8 billion in January far short of the $17 billion consensus expectation. This was the smallest month on month gain since December 2015. Revolving credit declined by $3.8, while non-revolving credit expanded by $12.6 billion.

The Conference Board Consumer Confidence Composite index rose 3.4 points in February to reach 114.8, the highest reading since August 2001.

The total number of seasonally adjusted non-farm people employed in the US in January 2017 was 145,554,000. This figure was up 2,240,000 (+1.56%) year on year and increased by of 227,000 month on month (0.16%).