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Tuesday, May 30, 2017

US May consumer confidence 117.9 vs 119.8 expected

  • Prior was 120.3
  • Present situation 140.7 vs 140.6 prior
  • Expectations 102.6 vs 106.7 prior
  • Jobs hard-to-get 18.2 vs 19.4 prior
  • 1-year consumer inflation expectations 4.7% vs 4.7% prior
The downtick on expectations was the driver. That mitigates the dip a bit.
Overall, the index has dipped since peaking in March but it's a small retracement after a very big run-up.

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