UMich consumer sentiment
  • Prior was 70.6
  • Expectations 65.9 vs 66.5 expected
  • Prior expectations were 68.3
  • Current conditions 73.2 vs 73.3 expected
  • Prior current conditions were 74.2
  • 1 year inflation 4.9% vs 4.8% prior
  • 5-10 year inflation 3.1% vs 2.9%

I don't have much faith in this economic indicator. It skews enormously partisan and hasn't done a good job of tracking anything for years. The inflation expectations numbers will get some attention.