Consumer sentiment dips
  • Prior month 67.0%
  • preliminary index for sentiment 63.4 versus 67.0 estimate
  • current conditions 66.4 versus 70.0 estimate
  • expectations index 61.5 versus 64.5 estimate
  • one year inflation expectations 3.8% versus 4.1% last month. Lowest since April 2021
Michigan
1 year inflation expectations at lowest level April 2021
  • five year inflation expectations 2.8% versus 2.9% last month. Lowest since April 2021
Five year
Five year inflation expectations at lowest since April 2021