The University of Michigan's final February consumer sentiment index reading was 99.7, compared to the preliminary February 99.9 and the final January 95.7, according to market sources.
Processing Content
The Institute for Social Research, which releases the consumer sentiment report, on the campus of the University of Michigan in Ann Arbor, Michigan is seen on March 16, 2004. The University of Michigan said the FBI and college officials are investigating ``the unauthorized access and public release'' of its February consumer sentiment report. The index was published by the Market News International news service before being released to subscribers on Feb. 13, Richard Curtin, director of the university's Institute for Social Research, which compiles the index, said in an interview. Photographer: Brett Mountain/ Bloomberg News. Photo: BRETT MOUNTAIN)
Brett Mountain/Bloomberg News
The expectations index was 90.0, compared to the preliminary February 90.2 and the final January 86.3.
The current conditions index was 114.9, compared to the preliminary February 115.1 and the final January 110.5.
The five-year inflation expectation index was 2.5%, compared to 2.5% in January, while the one-year inflation expectation index was 2.7%, compared to 2.7% in January.
The University of Michigan index is not released to the press, but only to paying subscribers.
Gary Siegel is a journalist with more than 35 years of experience. He started his professional career at the Long Island Journal newspapers based in... Read full bio
The muni market is closing out the month of June with the curve "more or less static" to where it was at the end of May, Kim Olsan wrote for NewSquare Capital.
The outlook revision to stable from negative follows the city's adoption of a fiscal 2027 budget with structural changes that greatly reduced a shortfall.
Washington Gov. Bob Ferguson said the economic council will build on other efforts he has championed to decrease permit housing times and encourage construction.