Final revisions to the University of Michigan survey

  • The final May reading was 97.1
  • Current conditions 112.5 vs 109.6 prior
  • Expectations 83.9 vs 84.7 prior
  • 1-year inflation 2.6% vs 2.6% prior
  • 5-10 year inflation 2.5% vs 2.6% prior

Sentiment might not be back on a full upswing but it's definitely stabilized.