February prelim U Mich consumer sentiment 100.9 vs 99.5 expected

Author: Adam Button | Category: News

Consumer sentiment from the University of Michigan:

U Mich consumer sentiment
  • Best since March 2018
  • Prior was 99.8
  • Current conditions 113.8 vs 114.0 expected
  • Expectations 92.6 vs 90.0 expected
  • 1-year inflation 2.5% vs 2.5% prior
  • 5-10 year inflation 2.3% vs 2.5%
This is a good reading as the multi-month run extends and shrugs off coronavirus fears. I would love to see a survey like this one in China right now.

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