The final reading of the University of Michigan’s consumer sentiment index came in at 77.2 in April, down from the preliminary reading of 77.9 and March’s 79.4 figure. Economists had been expecting the index to remain unchanged from the preliminary April reading, according to FactSet.
Inflation expectations for the year ahead were 3.2%, revised higher from the preliminary…

#joannehsu#universityofmichigan#pce#davidrussell#tradestation#barron