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Past Release · Michigan Sentiment

June 2024 Michigan Sentiment Report

Saturday, June 1, 2024

Michigan Sentiment printed at 68.20, a -1.30% move from the prior reading of 69.10.

68.20
Jun 1
Prior
69.10
Absolute
0.90
Percent
-1.30%

What to Watch For

  • Headline sentiment index level
  • 1-year inflation expectations (Fed watches closely)
  • 5-year inflation expectations (anchoring signal)
  • Current conditions vs. expectations split
  • Preliminary vs. final revision direction

Expected Market Reaction

Sentiment collapse: consumer discretionary sells off, defensive sectors outperform. Inflation expectations spike: rates up, gold up, dollar volatile. Preliminary readings move markets more than final revisions.

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