Drop in sentiment slows following four months of sharp declines. Consumer sentiment was essentially unchanged in mid-May according to the University of Michigan Survey of Consumers, inching down just 1.4 index points following four consecutive months of steep declines. Sentiment is now down almost 30% since January and is near the low in June 2022 […]
Consumers Sentiment Down Sharply in April
Worries about labor markets amid trade policy volatility push index down to levels seen during historic inflation in 2022. Consumer sentiment in April fell for the fourth straight month, plunging 8.4% from March and reaching its lowest reading since July 2022. The Consumer Sentiment Index fell to 52.2 in the April 2025 survey, down from […]
Consumer Sentiment Down Sharply in Mid-April
Tariffs weigh on consumers’ current and future views on economic conditions. Preliminary results for consumer sentiment were down significantly both month-over-month and year-over-year according to the University of Michigan Surveys of Consumers mid-April report. Consumer sentiment fell for the fourth straight month, plunging 11% from March and over 34% from April 2024. Consumer sentiment is […]
Consumer Sentiment Down in March Compared to February and Last Year
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 […]
Consumer Sentiment Dropped in February as Inflation Worries Escalate
Sentiment was down significantly month-over-month and year-over-year. Consumer sentiment slid nearly 10% from January and fell for the second straight month. The decrease was unanimous across groups by age, income and wealth. All five components of the sentiment index deteriorated this month, led by a 19% plunge in buying conditions for durables, due in part […]
Consumer Sentiment Down in January
Sentiment was down both month-over-month and year-over-year. Consumer sentiment fell for the first time in six months, edging down from December and from January 2024. The Consumer Sentiment Index fell to 71.1 in the January 2025 survey, down 3.9% from 74.0 in December and 10% below last January’s 79.0. While assessments of personal finances inched […]
Consumer Sentiment Continued to Rise in December
Consumer sentiment rose for the fifth consecutive month, reaching its highest reading since April 2024. The University of Michigan Consumer Sentiment Index continued to increase in December as consumer opinions on current conditions and expectations on the future of the economy improved. The Consumer Sentiment Index rose to 74.0 in the December 2024 survey, up […]
Consumer Sentiment Up in November
Sentiment was up for the fourth consecutive month. Consumer sentiment inched up 1.3 index points in November compared to the previous month according to the University of Michigan’s Survey of Consumers. In November, sentiment extended a stretch of consecutive incremental increases to a fourth month. The Consumer Sentiment Index rose to 71.8 in the November […]
Consumer Sentiment Up in October
After declining in early 2024, consumer sentiment was up versus both the previous month and year as labor market and inflation expectations have improved. Consumer sentiment lifted for the third consecutive month, inching up to its highest reading since April 2024, according to the University of Michigan’s Survey of Consumers. The Consumer Sentiment Index rose […]
Consumer Sentiment Up Slightly in Mid-August
Preliminary results show the sentiment index up month over month but remains below year ago levels. Consumer sentiment was up slightly in mid-August compared to July according to the University of Michigan Surveys of Consumers. The Consumer Sentiment Index inched up to 67.8 in mid-August, up 2.1% compared to 66.4 in the July 2024 survey […]