Consumer Sentiment Matches Record Low Level in November

November result matches record low in August 2022 when inflation had been over 8%.

Consumer sentiment was down both month-over-month and year-over-year in November, though was trending higher following the resolution of the government shutdown, according to the University of Michigan Surveys of Consumers.

The chart above shows the Consumer Sentiment Index since 1960. The November 2025 final result matched a record low from August 2022 in the more than 65 year old index. Gray vertical bars indicate months when the U.S. economy was in a recession.

The Consumer Sentiment Index fell to 51.0 in November, down 2.6 points or