UMich ultimate February shopper sentiment 64.7 versus 67.eight anticipated
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- Prior month 71.1
- Present situations 65.7 vs 68.7 prelim
- Present situations 74.zero prior
- Expectations 64.zero vs 67.three prelim
- Expectations prior 69.three
- One-year inflation four.three% vs four.three% prelim
- 5-year inflation three.5% vs three.three% prelim
A fall to 64.7 from 71.1 is dramatic for this indicator and places it again on the lowest since late 2023. That stated, this indicator is very political and hasn’t been helpful for a very long time. The market response has been minimal.
This text was written by Adam Button at www.ubaidahsan.com.
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