Michigan Consumer Sentiment Index

Consumer exuberance can translate into greater spending and faster economic growth, implying a stronger labor market and a potential pick-up in inflation, helping turn the Fed hawkish. This survey’s popularity among analysts (mentioned more frequently than CB Consumer Confidence) is justified because the data here includes interviews conducted up to a day or two before the official release, making it a timely measure of consumer mood, but foremost because it gauges consumer attitudes on financial and income situations. Actual figures beating consensus tend to be USD bullish.

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Most recent - Friday 21 February 2025 15:00

67.8

Forecast

67.8

Actual

64.7

Lower numbers than forecast tend to be bullish for xxx/USD pairs and bearish for USD/xxx pairs.

Next event - Friday 14 March 2025 14:00

Forecast

Actual

The typical/expected impact on USD pairs is high.

There is no forecast value for Michigan Consumer Sentiment Index yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Michigan Consumer Sentiment Index was 64.7 against a forecast of 67.8.

Past events

Date

Forecast

Actual

Friday 21 February 2025 15:00

67.8

64.7

Friday 7 February 2025 15:00

67.8

Friday 24 January 2025 15:00

73.2

71.1

Friday 10 January 2025 15:00

73.8

73.2

Friday 20 December 2024 15:00

Friday 6 December 2024 15:00

Friday 22 November 2024 15:00

73.7

71.8

Friday 8 November 2024 15:00

Friday 25 October 2024 14:00

70.5

Friday 11 October 2024 14:00

70.8

68.9

Friday 27 September 2024 14:00

69.3

70.1

Friday 13 September 2024 14:00

Friday 30 August 2024 14:00

67.9

Friday 16 August 2024 14:00

66.9

67.8

Friday 26 July 2024 14:00

66.4

Friday 12 July 2024 14:00

68.5

Friday 28 June 2024 14:00

65.8

68.2

Friday 14 June 2024 14:00

65.6

Friday 24 May 2024 14:00

67.5

69.1

Friday 10 May 2024 14:00

67.4

Friday 26 April 2024 14:00

77.8

77.2

Friday 12 April 2024 14:00

77.9

Thursday 28 March 2024 14:00

76.5

79.4

Friday 15 March 2024 14:00

76.9

76.5

Friday 1 March 2024 15:00

79.6

76.9

Friday 16 February 2024 15:00

79.6

Friday 2 February 2024 15:00

78.9

Friday 19 January 2024 15:00

78.8

Friday 22 December 2023 15:00

69.4

69.7

Friday 8 December 2023 15:00

69.4

Wednesday 22 November 2023 15:00

60.5

61.3

Friday 10 November 2023 15:00

63.7

60.4

Friday 27 October 2023 14:00

63.8

Friday 13 October 2023 14:00

67.4

Friday 29 September 2023 14:00

67.7

68.1

Friday 15 September 2023 14:00

69.1

67.7

Friday 25 August 2023 14:00

71.2

69.5

Friday 11 August 2023 14:00

71.2

Friday 28 July 2023 14:00

72.6

71.6

Friday 14 July 2023 14:00

65.5

72.6

Friday 30 June 2023 14:00

63.9

64.4

Friday 16 June 2023 14:00

63.9

Friday 26 May 2023 14:00

57.7

59.2

Friday 12 May 2023 14:00

57.7

Friday 28 April 2023 14:00

63.5

Friday 14 April 2023 14:00

63.5

Friday 31 March 2023 14:00

63.2

Friday 17 March 2023 14:00

63.4

Friday 24 February 2023 15:00

66.4

Friday 10 February 2023 15:00

66.4

Friday 27 January 2023 15:00

64.6

64.9

Friday 13 January 2023 15:00

60.5

64.6

Friday 23 December 2022 15:00

59.1

59.7

Friday 9 December 2022 15:00

53.3

59.1

Wednesday 23 November 2022 15:00

56.8

Friday 11 November 2022 15:00

59.5

54.7

Friday 28 October 2022 14:00

59.8

59.9

Friday 14 October 2022 14:00

59.8

Friday 30 September 2022 14:00

59.5

58.6

Friday 16 September 2022 14:00

59.5

Friday 26 August 2022 14:00

55.2

58.2

Friday 12 August 2022 14:00

52.5

55.1

Friday 29 July 2022 14:00

51.1

51.5

Friday 15 July 2022 14:00

49.9

51.1

Friday 24 June 2022 14:00

50.2

Friday 10 June 2022 14:00

50.2

Friday 27 May 2022 14:00

59.1

58.4

Friday 13 May 2022 14:00

59.1

Friday 29 April 2022 14:00

65.7

65.2

Thursday 14 April 2022 14:00

65.7

Friday 25 March 2022 14:00

59.7

59.4

Friday 11 March 2022 15:00

61.4

59.7

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Michigan Consumer Sentiment Index result:

		Previous	Latest
Chicago Purchasing Managers' Index	Bullish change	39.5	45.5
Core Personal Consumption Expenditures - Price Index (MoM)	Bullish change	0.2%	0.3%
Core Personal Consumption Expenditures - Price Index (YoY)	Bearish change	2.9%	2.6%
Personal Consumption Expenditures - Price Index (MoM)	(no change)	0.3%	0.3%
Personal Consumption Expenditures - Price Index (YoY)	Bearish change	2.6%	2.5%
Personal Income (MoM)	Bullish change	0.4%	0.9%
Personal Spending	Bearish change	0.8%	-0.2%
Pending Home Sales (MoM)	Bearish change	-4.1%	-4.6%
Core Personal Consumption Expenditures (QoQ)	Bullish change	2.5%	2.7%
Durable Goods Orders	Bullish change	-1.8%	3.1%
Durable Goods Orders ex Defense	Bullish change	-1.8%	3.5%
Durable Goods Orders ex Transportation	Bearish change	0.1%	0%
Gross Domestic Product Annualized	(no change)	2.3%	2.3%
Gross Domestic Product Price Index	Bullish change	2.2%	2.4%
Initial Jobless Claims	Bearish change	220K	242K
Nondefense Capital Goods Orders ex Aircraft	Bullish change	0.4%	0.8%
Personal Consumption Expenditures Prices (QoQ)	Bullish change	2.3%	2.4%
New Home Sales Change (MoM)	Bearish change	8.1%	-10.5%
Housing Price Index (MoM)	(no change)	0.4%	0.4%
Existing Home Sales Change (MoM)	Bearish change	2.9%	-4.9%
UoM 5-year Consumer Inflation Expectation	Bullish change	3.3%	3.5%
S&P Global Composite PMI	Bearish change	52.7	50.4
S&P Global Manufacturing PMI	Bullish change	51.2	51.6
S&P Global Services PMI	Bearish change	52.9	49.7
Initial Jobless Claims	Bearish change	214K	219K
Philadelphia Fed Manufacturing Survey	Bearish change	44.3	18.1
Building Permits (MoM)	Bullish change	1.482M	1.483M
Housing Starts (MoM)	Bearish change	1.515M	1.366M
NY Empire State Manufacturing Index	Bullish change	-12.6	5.7

About Michigan Consumer Sentiment Index

Country:	United States
Currency:	USD
Source:	University of Michigan
Category:	Consumption
Frequency:	Monthly

Related events

	Australia		Retail Sales s.a. (MoM)
	China		Retail Sales (YoY)
	Germany		Retail Sales (YoY)
	Eurozone		Retail Sales (YoY)
	New Zealand		Retail Sales (QoQ)
	United Kingdom		Retail Sales (MoM)
	United States		Retail Sales (MoM)
	United States		Retail Sales Control Group
	Australia		Westpac Consumer Confidence
	Australia		Retail Sales (QoQ)
	Canada		Retail Sales ex Autos (MoM)
	Canada		Retail Sales (MoM)
	Switzerland		Real Retail Sales (YoY)
	Germany		Retail Sales (MoM)
	Germany		Gfk Consumer Confidence Survey
	Eurozone		Consumer Confidence
	Eurozone		Retail Sales (MoM)
	Indonesia		Consumer Confidence
	Japan		Large Retailer Sales
	Japan		Retail Trade s.a (MoM)
	Japan		Retail Trade (YoY)
	New Zealand		ANZ – Roy Morgan Consumer Confidence
	New Zealand		Retail Sales ex Autos (QoQ)
	New Zealand		Westpac Consumer Survey
	United Kingdom		BRC Like-For-Like Retail Sales (YoY)
	United Kingdom		Retail Sales ex-Fuel (MoM)
	United Kingdom		GfK Consumer Confidence
	United Kingdom		Retail Sales ex-Fuel (YoY)
	United Kingdom		Retail Sales (YoY)
	United States		Consumer Confidence
	United States		Retail Sales ex Autos (MoM)
	United States		UoM 5-year Consumer Inflation Expectation
	United States		Personal Consumption Expenditures Prices (QoQ)
	United States		Core Personal Consumption Expenditures (QoQ)
	United States		Personal Spending

Calendar - Michigan Consumer Sentiment Index - United States

Michigan Consumer Sentiment Index

Most recent - Friday 21 February 2025 15:00

Next event - Friday 14 March 2025 14:00

Trading range

Trading range after each Michigan Consumer Sentiment Index event

Forecast history

Past events

Economic context

About Michigan Consumer Sentiment Index

Related events