The second reading on consumer sentiment for August
- Prelim was 72.8
- July final was 72.5
- Expectations 68.5 vs 66.5 prelim
- Current conditions 82.9 vs 82.5 prelim
- 1 year inflation 3.1% vs 3.0% prelim
- 5-10 year inflation 2.7% vs 2.7% prelim
That's a nice bounce from the prelim but the consumer sentiment numbers are one of the things giving economists the most sleepless nights at the moment. This is a leading indicator but doesn't sync with anything happening in the market (or evidently on the ground).
