Last month’s ChangeWave consumer survey showed a major downward shift in spending, along with a worsening in expectations and confidence. Our February results now point to signs of stabilization – though spending remains at relatively weak levels.

Unchanged from January, consumers remain anxious about global economic conditions, which continue to affect spending plans.

Nonetheless, there are several encouraging takeaways from our February 2-18 survey of 2,079 U.S. consumers. The job outlook is upbeat this month, most spending categories are improved, and nearly all major retailers are holding steady or seeing increases. Worries about inflation and energy costs continue to decline.

We’re also seeing a slight improvement in consumer confidence, although expectations continue to deteriorate. ChangeWave Research is a service of 451 Research.

Report details include:

• Consumer Spending Behavioral Forecasts – Past 5 Years Comparison
• Impact of Global Economic Issues on U.S Spending
• Changes in Consumer Sentiment and Expectations
• Consumer Confidence with the U.S. Stock Market
• A Look at Next 90-day Spending Projections for Major Retailers
• Consumer Spending on Electronics, Household Repairs/Improvements, Restaurants, Retailers, Travel/Vacation, Autos, and other categories

The complete report is available here.