UMich consumer sentiment
- May prelim was 60.5
- Final April reading was 52.2
- Current conditions 64.8 vs 63.7 prelim
- Expectations 58.1 vs 58.4 prelim
- One -year inflation 5.0% vs 5.1 prelim
- Five-year inflation 4.0% vs 4.1% prelim
Sentiment has rebounded from the April-May lows but still remains far below the levels from late 2024. The market reaction to the report has been minimal.
