2:15 PM · 30 August 2024

Final UoM sentiments slightly higher, inflation expectations drop 📊Chicago PMI slightly stronger

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Final University of Michigan US consumer sentiments came in 67.9 (Forecast 68.1, Previous 67.8)

Expectations: 72.1 (Forecast 72.4, Previous 72.1)
Current conditions: 61.3 (Forecast 61.2, Previous 60.9)

University of Michigan 1-year expected inflation falls to 2.8%, the lowest since 2020

University of Michigan 5-year: 3% (Forecast 3%, Previous 3.0%)

Chicago PMI: 46.1 vs 44.8 exp. and 45.3 previously

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