US Revised UoM Inflation Expectations
Expectations of future inflation can manifest into real inflation, primarily because workers tend to push for higher wages when they believe prices will rise;
The 'Previous' listed is the 'Actual' from the Preliminary release and therefore the 'History' data will appear unconnected. There are 2 versions of this data released about 15 days apart – Preliminary and Revised. The Preliminary release is the earliest and thus tends to have more impact;
- US Revised UoM Inflation Expectations Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jun 28, 2024 | 3.0% | 3.3% | |
May 24, 2024 | 3.3% | 3.5% | |
Apr 26, 2024 | 3.2% | 3.1% | |
Mar 28, 2024 | 2.9% | 3.0% | |
Mar 1, 2024 | 3.0% | 3.0% | |
Feb 2, 2024 | 2.9% | 2.9% | |
Dec 22, 2023 | 3.1% | 3.1% | |
Nov 22, 2023 | 4.5% | 4.4% |
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- US Revised UoM Inflation Expectations News
Consumer confidence in the United States declined less than expected in June, the University of Michigan said in its final report on Friday. The Index of Consumer Sentiment fell 1.3% month on month to 68.2 but was higher than the preliminary estimate suggested and climbed 6.2% compared to the same month in 2023. "While consumers exhibited confidence that inflation will continue to moderate, many expressed concerns about the effect of high prices and weakening incomes on their personal finances. These trends offset the improvements in ...
The University of Michigan consumer sentiment final for May is showing: Consumer sentiment 69.1 vs 67.5 estimate and 67.4 preliminary. Last month 77.2. Expectations 68.8 versus 66.5 preliminary. Last month 76.0 Current conditions 69.5 versus 68.8 preliminary. Last month 79.0. 1-year inflation expectations 3.3% versus 3.5% preliminary 5 year inflation expectations 3.0% versus 3.1% preliminary 5 year inflation expectations 3.0% versus 3.1% preliminary. US yields have moved a bit lower off of the lower inflation ...
Consumer sentiment deteriorated near the end of April, according to the latest reading from the University of Michigan. The final reading of the sentiment survey dropped to 77.2 from 77.9 in early April, the University of Michigan said Friday. Sentiment had hit 79.4 in March, a 32-month high. Economists surveyed by The Wall Street Journal had forecast an unchanged final reading of 77.9. According to the survey, Americans think inflation will average 3.2 in the next year. Thats the highest rate since last November.
Todays reports show continued progress delivering on President Bidens agenda to lower costs and grow the economy from the middle out and the bottom up. Consumer sentiment has turned a corner and is up nearly 30% over the last four months, the fastest increase in 30 years. The turnaround in consumer sentiment comes as consumers expect lower inflation and report feeling good about their personal finances. In the second half of 2023, GDP grew faster than any point from 2015 through the pandemic. Challenges remain, but working families ...
The Consumer Sentiment Index in the United States rose 3.3% in March month on month to stand at 79.4, the University of Michigan revealed in its final report on Thursday. The figure jumped 28.1% on an annual level. The Current Economic Conditions Index gained 3.9% compared to the month prior and 24.4% from March 2022, amounting to 82.5 points. The Index of Consumer Expectations increased by 2.9% on a monthly basis and 30.7% on a yearly basis, reaching 77.4. "Year-ahead inflation inched down from 3.0% last month to 2.9% this month. ...
US February UMich final consumer sentiment Prior was 79.0 Current conditions 79.4 vs 81.5 prelim Expectations 75.2 vs 78.4 prelim One -year inflation 3.0% vs 3.0% prelim Five-year inflation 2.9% vs 2.8% prelimU.S. consumer sentiment down slightly in February U.S. consumer sentiment cooled slightly in February, based on the University of Michigan's closely-watched survey. Why it matters: The Biden administration watches this figure closely, as reported earlier today by Axios' Hans Nichols, because it's the ...
The final Univ. of Michigan sentiment index for January 2024. Preliminary 78.0. Prior month (December) 69.7. Current conditions 81.9 vs 83.3 preliminary and 73.3 prior Expectations 77.1 vs 75.9 preliminary and 66.4 prior 1 year inflation expectations of 2.9% versus a 2.9% preliminary 3.1% prior month 5-year inflation expectations 2.9% versus 2.8% preliminary and 2.9% prior month. There has been little reaction to the data. The inflation expectations remained fairly steady. Current conditions lower vs preliminary. ...
US consumer sentiment from the University of Michigan for November 2023 Prelim was 69.4 Prior was 61.3 Current conditions 73.3 vs 74.0 prelim Expectations 67.4 vs 66.4 prelim 1 year inflation 3.1% vs 3.1% prelim 5-10 year inflation 2.9% vs 2.8% prelim. I don't have much use for this survey but the Fed watches the inflation readings. The headline confirms the earlier jump, which was a rise that erased all the declines in the previous four months.
Released on Jun 28, 2024 |
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Released on May 24, 2024 |
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Released on Apr 26, 2024 |
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Released on Mar 28, 2024 |
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Released on Mar 1, 2024 |
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Released on Feb 2, 2024 |
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Released on Dec 22, 2023 |
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