Consumer confidence from the Conference Board

  • Prior was 120.0 (revised to 118.8)
  • 1-year inflation 5.3% vs 4.5% prior
  • Expectations 93.8 vs 86.8 prior
  • Present situation 76.4 vs 166.7

This is the lowest reading since 2014.

This drop in the present situation index is unreal: