University of Michigan consumer sentiment

  • The final number for April was 97.0
  • Current conditions 112.7 vs 112.7 prior
  • Expectations 88.1 vs 87.0 prior
  • One-year inflation 2.6% vs 2.5% prior
  • Five year inflation 2.3% vs 2.4% prior

There isn't much to take away there. Consumers remain optimistic but as today's retail sales report showed, they're not spending more.