Final revisions to the May survey
– Final April reading was 89.0
– was 95.8
– Current conditions 109.9 vs 108.6 prelim and final April reading of 106.7
– Expectations 84.9 vs 87.5 prelim and April final reading of 77.6
The downward revision and miss is a small disappointment but it’s still a solid improvement from the April reading.