Confirming the preliminary print, UMich confidence for September's final priont was 84.6 (a small miss from expectations of 84.8). This is the highest since July 2013 and 2nd highest sicne August 2007. Once again, current conditions fell but the hope-strewn "outlook" rose surged. The spread between The Conference Board's exuberant confidence and UMich continues to widen...
7-year highs in confidence...
[4]
But less exuberant than Conference Board
[5]
Charts: Bloomberg
