U Mich Oct final consumer sentiment 87.2 vs 88.2 exp

University of Michigan consumer sentiment

• Initial reading was 87.9


• Current conditions 103.2 vs 105.5 prior


• Expectations 76.8 vs 76.6 prior


• In year inflation 2.4% vs 2.4% prior

The revision lower in current conditions was behind the dip. In general, the consumer has been healthy but today"s GDP numbers showed a bit of malaise on spending.

U Mich Oct final consumer sentiment 87.2 vs 88.2 exp
U Mich Oct final consumer sentiment 87.2 vs 88.2 exp
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