March prelim U Mich consumer sentiment 97.8 vs 95.7 expected

Author: Adam Button | Category: News

March preliminary University of Michigan consumer sentiment

U Mich sentiment chart
  • Prior was 93.8
  • Current conditions 111.2 vs 112.0 exp
  • Expectations 89.2 vs 88.1 exp
  • 1-year inflation 2.4% vs 2.6% prior
  • 5-10 inflation 2.5% vs 2.3% prior
The Jan-Feb dips is now virtually wiped out. The correlation with stock markets is evident here but the takeaway is that the good times -- at least in the US -- are set to continue.
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