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Michigan Consumer Sentiment Tumbles Due to High Inflation

Summary:
[unable to retrieve full-text content] The May preliminary came in at 82.8, down 5.5 from the April Final. Investing.com had forecast 90.4. Since its beginning in 1978, consumer sentiment is 3.9 percent below the average reading (arithmetic mean) and 2.8 percent below the geometric mean.

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The May preliminary came in at 82.8, down 5.5 from the April Final. Investing.com had forecast 90.4. Since its beginning in 1978, consumer sentiment is 3.9 percent below the average reading (arithmetic mean) and 2.8 percent below the geometric mean.

Doug Short
My original dshort.com website was launched in February 2005 using a domain name based on my real name, Doug Short. I'm a first wave boomer with a Ph.D. in English from Duke and a lifelong interest in economics and finance. In 2011 my website was acquired by Advisor Perspectives.

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