Highlights of the January 2016 US Michigan consumer sentiment survey flash report 15 January 2016
– Current conditions 105.1 vs 107.3 exp. Prior 108.1
– Expectations 85.7 vs 82.8 exp. Prior 82.7
Interesting to note that overall sentiment remains high but we see a drop in conditions. There’s still strengthening expectations and that the message the Fed wanted to give with the hike