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.

Next event - Friday 14 August 2026 14:00

Previous
55.2
Forecast
54.5
Actual
-

The typical/expected impact on USD pairs is high.

The consensus forecast for Michigan Consumer Sentiment Index is 54.5. A higher value than forecast tends to be bullish for USD/xxx pairs and bearish for xxx/USD pairs.

Most recent - Friday 31 July 2026 14:00

Previous
54.4
Forecast
54
Actual
55.2

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

Trading range

Forecast history

The most recent announced value for Michigan Consumer Sentiment Index was 55.2 against a forecast of 54.

Past events

Date
Forecast
Actual
Friday 31 July 2026 14:00
54
55.2
Friday 17 July 2026 14:00
51
54.4
Friday 26 June 2026 14:00
50
49.5
Friday 12 June 2026 14:00
46
48.9
Friday 22 May 2026 14:00
48.2
44.8
Friday 8 May 2026 14:00
49.5
48.2
Friday 24 April 2026 14:00
47.6
49.8
Friday 10 April 2026 14:00
52
47.6
Friday 27 March 2026 14:00
54
53.3
Friday 13 March 2026 14:00
55
55.5
Friday 20 February 2026 15:00
57.3
56.6
Friday 6 February 2026 15:00
55
57.3
Friday 23 January 2026 15:00
54
56.4
Friday 9 January 2026 15:00
53.5
54
Friday 19 December 2025 15:00
53.4
52.9
Friday 5 December 2025 15:00
52
53.3
Friday 21 November 2025 15:00
50.5
51
Friday 7 November 2025 15:00
53.2
50.3
Friday 24 October 2025 14:00
55
53.6
Friday 10 October 2025 14:00
54.2
55
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

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
Initial Jobless ClaimsBearish change200K209K
Producer Price Index (MoM)Bullish change-0.1%0%
Producer Price Index (YoY)Bearish change5.5%4.7%
Producer Price Index ex Food & Energy (MoM)Bearish change0.4%0.2%
Producer Price Index ex Food & Energy (YoY)Bearish change4.7%4.2%
Monthly Budget StatementBearish change$-120B$-432B
Consumer Price Index (MoM)Bullish change-0.4%0.1%
Consumer Price Index (YoY)Bearish change3.5%3.4%
Consumer Price Index ex Food & Energy (MoM)Bullish change0%0.2%
Consumer Price Index ex Food & Energy (YoY)Bearish change2.6%2.5%
Existing Home Sales Change (MoM)Bearish change-1.4%-1.7%
ADP Employment Change 4-week averageBearish change11K8.25K
Average Hourly Earnings (MoM)Bearish change0.3%0.1%
Average Hourly Earnings (YoY)Bearish change3.4%3.2%
Labor Force Participation RateBearish change61.5%61.4%
Nonfarm PayrollsBearish change20K-23K
U6 Underemployment Rate(no change)7.9%7.9%
Unemployment RateBullish change4.2%4.1%
Initial Jobless ClaimsBearish change198K199K
Nonfarm ProductivityBullish change0.8%1.4%
Unit Labor Costs(no change)1.3%1.3%
Challenger Job CutsBearish change45.849K33.429K
ISM Services Employment IndexBearish change51.247.4
ISM Services New Orders IndexBullish change55.157.2
ISM Services PMIBullish change5454.1
ISM Services Prices PaidBullish change67.770.3
S&P Global Composite PMIBullish change53.654.5
ADP Employment ChangeBearish change98K44K
Factory Orders (MoM)Bullish change-1.3%-0.3%
JOLTS Job OpeningsBearish change7.537M7.359M
ISM Manufacturing Employment IndexBullish change49.752.8
ISM Manufacturing New Orders IndexBullish change5656.7
ISM Manufacturing PMIBullish change53.355.6
ISM Manufacturing Prices PaidBearish change7371.1
Michigan Consumer Expectations IndexBullish change5455.4
UoM 1-year Consumer Inflation Expectations(no change)4.2%4.2%
UoM 5-year Consumer Inflation Expectation(no change)3.3%3.3%
Chicago PMIBullish change56.757.6
Employment Cost Index(no change)0.9%0.9%

About Michigan Consumer Sentiment Index

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