University of Michigan consumer sentiment
- University of Michigan preliminary estimate for May 73.7 vs. 68.0 estimate
- the prior month came was at 71.8
- expectations index 67.7 vs. 60.2 estimate.
- Prior month expectations 70.1
- current conditions 83.0 vs. 62.8 estimate
- current conditions prior month was at 74.3
- one year inflation expectations 3.0% vs. 2.0% estimate
- 5 to 10 year inflation expectations 2.6% vs. 2.5% estimate
The rise seems to be reaction to the CARES relief checks.
