September 2023 Michigan Sentiment Report
Friday, September 1, 2023
Michigan Sentiment printed at 67.80, a -2.31% move from the prior reading of 69.40.
What to Watch For
- •Headline sentiment index level
- •1-year inflation expectations (Fed watches closely)
- •5-year inflation expectations (anchoring signal)
- •Current conditions vs. expectations split
- •Preliminary vs. final revision direction
Expected Market Reaction
Sentiment collapse: consumer discretionary sells off, defensive sectors outperform. Inflation expectations spike: rates up, gold up, dollar volatile. Preliminary readings move markets more than final revisions.
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Get release-day analysis and market reaction framing before consensus forms.