The second look at consumer sentiment for May

  • The initial reading was 97.7
  • Current conditions 111.7 vs 112.7 initially
  • Expectations 87.7 vs 88.1 initially
  • 1-year inflation 2.6% vs 2.6% initially
  • 5-10 yr inflation 2.4% vs 2.3% initially

It's a slight downtick but nothing that's going to rock the boat.