• Prior 82.5
  • Current conditions 97.1 vs 97.0 exp. Prior 96.6
  • Expectations 71.1 vs 74.0 exp. Prior 73.5
  • 1 year inflation expectations 3.3% vs 3.1% prior
  • 5 year 2.6% vs 2.9% prior

This ain’t a day the market is paying attention to this number.

Despite the dip in the headline number and expectations, consumers are still seeing some favourable conditions. The survey is only a phone poll of around 500 randoms though.

US Michigan current conditions 18 07 2014

US Michigan current conditions 18 07 2014