The February Economy Watcher survey asked working people how they felt about the economy. The index showing the current state of the economy was lower than the previous month for the first time in two months.

The Cabinet Office maintained its view that the economy "continues to show signs of slowing down, although it continues to showSigns of gradual recovery" The index showed the economic outlook for two to three months ahead was 53.0, 0.5 points higher than thePrevious month, marking the fourth consecutive month of increase.