April final UMich consumer sentiment 63.5 vs 63.5 expected

  • UMich consumer sentiment data for April 2023
consumer confidence image
  • Prelim was 63.5
  • Prior was 62.0
  • Current conditions 68.2 vs 68.6 prelim (66.3 prior)
  • Expectations 60.5 vs 60.3 prelim (59.2 prior)
  • 1-year inflation 4.6% vs 4.6% prelim (3.6% prior)
  • 5-10 year inflation 3.0% vs 2.9% prelim (2.9% prior)

The inflation numbers are a bit of a concern but overall this looks like an economy that's grinding along and inflation is slowly coming under control.

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