Consumer sentiment data from the University of Michigan
- Prior was 96.8
- Current conditions 113.9 vs 110.9 prior
- Expectations 83.4 vs 87.7 prior
- 1-year inflation expectations +2.7% vs +2.6% prior
- 5-10 year inflation expectations 2.6% vs +2.5% prior
Solid report. The current conditions number is always a better indicator than expectations, which is somehow morphed into a political-satisfaction index.
