University of Michigan (F) consumer sentiment for February 93.8 vs 95.9 est.

Author: Greg Michalowski | Category: News

Preliminary estimate 95.5

The Uni. of Michigan consumer sentiment for February (final) came in weaker than expected of  93.8 versus 95.9 estimate.  The preliminary reading came in at 95.5.

  • current conditions 108.5 versus 110.0 in the preliminary
  • expectations 84.4 versus 86.2 in the preliminary
  • one-year inflation 2.6% versus 2.5% in the preliminary
  • 5 – 10 year inflation expectations 2.3% versus 2.3% preliminary
Lookng at the chart of the trends, the reading this one sits near the middle of the four-year range.  So sentiment remains relatively elevated but lower than expectations. 

The consumer sentiment is near the middle of the 4-year range
The same is true for the exectations index at 84.4 (see chart below).

The consumer expectation is near the middle of the 4-year range
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