- 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