University of Michigan sentiment for May 48.2 versus 49.5 estimate
- 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.