Consumer sentiment numbers from the University of Michigan

U Mich consumer confdience
  • Prelim reading was 97.8
  • Feb final reading was 93.8
  • Current conditions 113.3 vs 111.2 prelim
  • Expectations 88.8 vs 89.2 prior
  • 1-year inflation +2.5% vs +2.4% prelim
  • 5-10 year inflation +2.5% vs +2.5% prelim

That takes a bit of the edge of the poor personal consumption number in today's PCE report.

The chart of consumer confidence looks a lot like the S&P 500.