United States Consumer Sentiment  1952-2018 | Data | Chart | Calendar

The University of Michigan's consumer sentiment for the US jumped to 100.8 in September of 2018 from 96.2 in August, beating market expectations of 96.7. It is the second highest level since 2004, only behind the March 2018 reading of 101.4, preliminary estimates showed. Expectations were the strongest since July of 2004, largely due to more favorable prospects for jobs and incomes and current conditions were also assessed more favorable. Consumer Confidence in the United States averaged 86.39 Index Points from 1952 until 2018, reaching an all time high of 111.40 Index Points in January of 2000 and a record low of 51.70 Index Points in May of 1980.

United States Consumer Sentiment
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US Consumer Sentiment Surges in September


The University of Michigan's consumer sentiment for the US jumped to 100.8 in September of 2018 from 96.2 in August, beating market expectations of 96.7. It is the second highest level since 2004, only behind the March 2018 reading of 101.4, preliminary estimates showed. Expectations were the strongest since July of 2004, largely due to more favorable prospects for jobs and incomes and current conditions were also assessed more favorable.

The current economic conditions sub-index rose to 116.1 from 110.3 in August and the gauge measuring consumer expectations increased to 91.1 from 87.1.

Inflation expectations for the year ahead edged down to 2.8 percent from 3 percent and the 5-year outlook for inflation also fell to 2.4 percent from 2.6 percent. 

Despite a lessening of expected gains in nominal incomes in September, inflation expectations also declined, acting to offset concerns about declining living standards. Consumers anticipated continued growth in the economy that would produce more jobs and an even lower unemployment rate during the year ahead. While consumers were somewhat more likely to anticipate that the economic expansion would continue uninterrupted over the next five years, nearly as many expected another downturn sometime in the next five years. The largest problem cited on the economic horizon involved the anticipated negative impact from tariffs. Concerns about the negative impact of tariffs on the domestic economy were spontaneously mentioned by nearly one-third of all consumers in the past three months, up from one-in-five in the prior four months.


University of Michigan | Joana Taborda | joana.taborda@tradingeconomics.com
9/14/2018 2:10:47 PM


Recent Releases

US Consumer Sentiment Revised Up in August
The University of Michigan's consumer sentiment for the US was revised higher to 96.2 in August of 2018 from 95.3 in the preliminary estimate. It compares with 97.9 in July and market expectations of 95.5. Yet, it is the lowest reading since January as current conditions were seen the weakest since November of 2016.
Published on 2018-08-31

US Consumer Sentiment Lowest in Near a Year
The University of Michigan's consumer sentiment for the US fell to 95.3 in August of 2018 from 97.9 in July, below market expectations of 98. It is the lowest reading since September last year amid weaker assessments of buying conditions, mainly due to less favorable perceptions of market prices, preliminary estimates showed.
Published on 2018-08-17

US July Consumer Sentiment Revised Higher
The University of Michigan's consumer sentiment for the US came in at a six-month low of 97.9 in July 2018, above the preliminary reading of 97.1 and little-changed from June's 98.2. Both consumer expectations and current economic conditions came in stronger than initially thought.
Published on 2018-07-27

US Consumer Sentiment at 6-Month Low
The University of Michigan's consumer sentiment for the US fell to 97.1 in July of 2018 from 98.2 in June, missing market expectations of 98.2. It is the lowest reading in six months, due to a drop in the current conditions gauge amid rising concerns about the potential negative impact of tariffs on the domestic economy, preliminary estimates showed.
Published on 2018-07-13



Calendar GMT Actual Previous Consensus TEForecast
2018-08-17 02:00 PM Michigan Consumer Sentiment Prel 95.3 97.9 98 96
2018-08-31 02:00 PM Michigan Consumer Sentiment Final 96.2 97.9 95.5 95.3
2018-09-14 02:00 PM Michigan Consumer Sentiment Prel 100.8 96.2 96.7 96
2018-09-28 02:00 PM Michigan Consumer Sentiment Final 96.2 100.8 100
2018-10-12 02:00 PM Michigan Consumer Sentiment Prel 96
2018-10-26 02:00 PM Michigan Consumer Sentiment Final


United States Consumer Last Previous Highest Lowest Unit
Consumer Confidence 100.80 96.20 111.40 51.70 Index Points [+]
Retail Sales MoM 0.10 0.70 6.70 -3.90 percent [+]
Retail Sales YoY 6.60 6.70 11.20 -11.50 percent [+]
Retail Sales Ex Autos 0.30 0.90 2.60 -4.00 percent [+]
Consumer Spending 12841.20 12722.84 12841.20 1403.69 USD Billion [+]
Disposable Personal Income 15566.48 15520.43 15566.48 351.90 USD Billion [+]
Personal Spending 0.40 0.40 2.80 -2.10 percent [+]
Personal Income 0.30 0.40 4.60 -4.70 percent [+]
Personal Savings 6.70 6.80 17.30 2.20 percent [+]
Consumer Credit 16.60 8.50 118.10 -113.40 USD Billion [+]
Private Sector Credit 9383.23 9380.95 9463.65 39.04 USD Billion [+]
Bank Lending Rate 5.00 5.00 20.50 2.00 percent [+]
Economic Optimism Index 55.70 58.00 62.90 35.80 [+]
Redbook Index 5.80 5.40 7.60 -5.80 percent [+]
Chain Store Sales 3782.00 3961.00 15875.00 3055.00 USD Million [+]
Gasoline Prices 0.75 0.75 0.99 0.32 USD/Liter [+]
Households Debt To Gdp 77.30 78.00 98.60 23.80 percent of GDP [+]
Consumer Confidence Current Conditions 113.20 112.50 121.10 57.50 [+]
Consumer Confidence Economic Expectations 80.20 83.90 108.60 44.20 [+]
Consumer Confidence Price Trends 2.70 2.60 10.40 0.40 [+]


United States Consumer Sentiment

The Index of Consumer Expectations focuses on three areas: how consumers view prospects for their own financial situation, how they view prospects for the general economy over the near term, and their view of prospects for the economy over the long term. Each monthly survey contains approximately 50 core questions, each of which tracks a different aspect of consumer attitudes and expectations. The samples for the Surveys of Consumers are statistically designed to be representative of all American households, excluding those in Alaska and Hawaii. Each month, a minimum of 500 interviews are conducted by telephone. This page provides the latest reported value for - United States Consumer Sentiment - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Consumer Sentiment - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
100.80 96.20 111.40 51.70 1952 - 2018 Index Points Monthly
Volume, NSA, 1966=100




consumer confidence by Country
Country Last
Argentina 36.20 Aug/18
Australia 100.50 Sep/18
Brazil 104.70 Aug/18
Canada 55.77 Sep/18
China 119.70 Jul/18
Euro Area -2.90 Sep/18
France 97.00 Aug/18
Germany 10.50 Sep/18
India 97.00 Jun/18
Indonesia 121.60 Aug/18
Italy 115.20 Aug/18
Japan 43.30 Aug/18
Mexico 101.80 Aug/18
Netherlands 19.00 Sep/18
Russia -8.00 Jun/18
Saudi Arabia 107.00 Jun/18
South Africa 38.00 Sep/18
South Korea 99.20 Aug/18
Spain 102.40 Aug/18
Switzerland -7.00 Sep/18
Turkey 59.30 Sep/18
United Kingdom -7.00 Aug/18
United States 100.80 Sep/18


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