August preliminary University of Michigan consumer sentiment

  • Prior was 96.2

  • Current conditions 116.1 vs 110.3 prior

  • 91.1 vs 87.1 prior

  • 1-year inflation 2.8% vs 3.0% prior

  • 5-10-year inflation 2.4% vs 2.6% prior

These numbers push sentiment back near the highs of the year.

Current conditions: