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.

Most recent - Friday 26 September 2025 14:00

Previous
55.4
Forecast
55.4
Actual
55.1

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

Next event - Friday 10 October 2025 14:00

Previous
-
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 55.1 against a forecast of 55.4.

Past events

Date
Forecast
Actual
Friday 26 September 2025 14:00
55.4
55.1
Friday 12 September 2025 14:00
58
55.4
Friday 29 August 2025 14:00
58.6
58.2
Friday 15 August 2025 14:00
62
58.6
Friday 1 August 2025 14:00
62
61.7
Friday 18 July 2025 14:00
61.5
61.8
Friday 27 June 2025 14:00
60.5
60.7
Friday 13 June 2025 14:00
53.5
60.5
Friday 30 May 2025 14:00
51
52.2
Friday 16 May 2025 14:00
53.4
50.8
Friday 25 April 2025 14:00
50.8
52.2
Friday 11 April 2025 14:00
54.5
50.8
Friday 28 March 2025 14:00
57.9
57
Friday 14 March 2025 14:00
63.1
57.9
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
74
74
Friday 6 December 2024 15:00
73
74
Friday 22 November 2024 15:00
73.7
71.8
Friday 8 November 2024 15:00
71
73
Friday 25 October 2024 14:00
69
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
68
69
Friday 30 August 2024 14:00
68
67.9
Friday 16 August 2024 14:00
66.9
67.8
Friday 26 July 2024 14:00
66
66.4
Friday 12 July 2024 14:00
68.5
66
Friday 28 June 2024 14:00
65.8
68.2
Friday 14 June 2024 14:00
72
65.6
Friday 24 May 2024 14:00
67.5
69.1
Friday 10 May 2024 14:00
76
67.4
Friday 26 April 2024 14:00
77.8
77.2
Friday 12 April 2024 14:00
79
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
80
79.6
Friday 2 February 2024 15:00
78.9
79
Friday 19 January 2024 15:00
70
78.8
Friday 22 December 2023 15:00
69.4
69.7
Friday 8 December 2023 15:00
62
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
63.8
Friday 13 October 2023 14:00
67.4
63
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
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
60
63.9
Friday 26 May 2023 14:00
57.7
59.2
Friday 12 May 2023 14:00
63
57.7
Friday 28 April 2023 14:00
63.5
63.5
Friday 14 April 2023 14:00
62
63.5
Friday 31 March 2023 14:00
63.2
62
Friday 17 March 2023 14:00
67
63.4
Friday 24 February 2023 15:00
66.4
67
Friday 10 February 2023 15:00
65
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
55
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
59.8

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:

PreviousLatest
Challenger Job CutsBearish change85.979K54.064K
ISM Manufacturing Employment IndexBullish change43.845.3
ISM Manufacturing New Orders IndexBearish change51.448.9
ISM Manufacturing PMIBullish change48.749.1
ISM Manufacturing Prices PaidBearish change63.761.9
ADP Employment ChangeBearish change-3K-32K
JOLTS Job OpeningsBullish change7.208M7.227M
Chicago PMIBearish change41.540.6
Housing Price Index (MoM)Bullish change-0.2%-0.1%
Pending Home Sales (MoM)Bullish change-0.3%4%
Michigan Consumer Expectations IndexBearish change51.851.7
UoM 1-year Consumer Inflation ExpectationsBearish change4.8%4.7%
UoM 5-year Consumer Inflation ExpectationBearish change3.9%3.7%
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.2%0.2%
Core Personal Consumption Expenditures - Price Index (YoY)(no change)2.9%2.9%
Personal Consumption Expenditures - Price Index (MoM)Bullish change0.2%0.3%
Personal Consumption Expenditures - Price Index (YoY)Bullish change2.6%2.7%
Personal Income (MoM)(no change)0.4%0.4%
Personal SpendingBullish change0.5%0.6%
Existing Home Sales Change (MoM)Bearish change2%-0.2%
Core Personal Consumption Expenditures (QoQ)Bullish change2.5%2.6%
Durable Goods OrdersBullish change-2.7%2.9%
Durable Goods Orders ex DefenseBullish change-2.5%1.9%
Durable Goods Orders ex TransportationBearish change1%0.4%
Gross Domestic Product AnnualizedBullish change3.3%3.8%
Gross Domestic Product Price IndexBullish change2%2.1%
Initial Jobless ClaimsBullish change232K218K
Nondefense Capital Goods Orders ex AircraftBearish change0.8%0.6%
Personal Consumption Expenditures Prices (QoQ)Bullish change2%2.1%
New Home Sales Change (MoM)Bullish change-1.8%20.5%
S&P Global Composite PMIBearish change54.653.6
S&P Global Manufacturing PMIBearish change5352
S&P Global Services PMIBearish change54.553.9

About Michigan Consumer Sentiment Index

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