University of Michigan Index falls for the third straight month.
The University of Michigan Consumer Sentiment Index declined in March both month-over-month and year-over year as consumer concerns about economic policies impact future expectations.
The Consumer Sentiment Index fell to 57.0 in the March 2025 survey, down from 11.9% 64.7 in February and 28.2% below last March’s 79.4.
Consumer sentiment is considered a leading indicator of economic activity. Sentiment levels can also impact consumer’s willingness to make large purchases such as automobiles.
While current economic conditions were little changed, the forward-looking expectations index plunged a precipitous 18% and has now
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