Prior month 98.2

The University of Michigan consumer sentiment for July came in 97.1 versus 98.0 expected.

  • current condition 113.9 versus 116.5
  • expectations 86.4 versus 86.3
  • one-year inflation 2.9% versus 3.0% last
  • 5-10 year inflation expectations 2.4% versus 2.6%

The index is still high but the trend is down since March.