Mike we have been waiting for improvement in the manufacturing economy. Its not getting any worse of that could be taken as good news. 51. 5 for the eye is some figures for april which is the same as it was in march. Its a little disappointed because we were looking for a 52. That was the consensus of analysts surveyed. Michigan sentiment comes in exactly as it was the prior month at 95. 9. A little bit down for what happened forecast at 96. The fed wants to know what people think about inflation. They have looked at Inflation Expectations as part of their gauges to whether to raise Interest Rates. Americans still think inflation is going down. The oneyear inflation forecast is for 2. 6 . The thought the 10 year inflation forecast is 2. 6 which is the same as it was in the prior reading. It suggests we are not looking for any kind of inflation breakout. The fed has been watching these survey numbers rather than adjust the tips numbers and things like that. It looks like the u. S. Econo
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