University of Michigan sentiment for May 48.2 versus 49.5 estimate

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  • Prior month 49.8
  • Sentiment index 48.2 versus 49.5 estimate
  • Current conditions 47.8 versus 52.0 estimate
  • expectations index 48.5 versus 48.1 estimate
  • 1-year inflation expectations 4.5% versus 4.7% last month.
  • 5-year inflation expectations 3.4% versus 3.5% last month

The numbers are at multi-decade lows and reflective of the economic issues caused by the Iran/US war

This article was written by Greg Michalowski at investinglive.com.

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