Highlights of the US consumer sentiment report from the University of Michigan/Reuters.
- Prior was 93.6
- Prior 1-year inflation 2.4% vs 2.8% prior
- Prior 5-year inflation 2.8% vs 2.8% prior
- Current conditions 108.3 vs 104.8 prior
Expectations 108.3 vs 86.4Corrected to 91.6 vs 86.4 prior by RTRS
It’s the highest since Jan 2004 and a sign that economic optimism is surging as the jobs market strengthens and gas prices drop.
U Mich consumer sentiment
