U Mich final US consumer sentiment 81.2 vs 80.8 expected

Revisions to the survey

  • Prelim was 80.8
  • Current conditions 84.5 vs 84.5 prelim
  • Expectations 79.0 vs 78.4 prelim
  • 1-yaer inflation 4.7% vs 4.8% prelim
  • 5 year inflation 2.8% vs 2.9% prelim

The final report is rarely a market mover. To be honest, the main report is increasingly ignored by the market because it’s turned into more of a political sentiment survey.

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