The University of Michigan consumer sentiment index in the US increased to 100.9 in February of 2020 from 99.8 in January, beating market forecasts of 99.5, preliminary estimates showed. It is the highest reading since March of 2018 amid improving expectations (92.6 from 90.5) while the gauge for current conditions declined (113.8 from 114.4). Inflation expectations for the year ahead were steady at 2.5 percent while those for the five-year outlook fell to 2.3 percent from 2.5 percent. Current personal finances as well as evaluations of the national economy each posted large gains, while consumers' views on buying conditions for household durables posted a significant loss.

Consumer Confidence in the United States averaged 86.69 points from 1952 until 2020, reaching an all time high of 111.40 points in January of 2000 and a record low of 51.70 points in May of 1980. 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. source: University of Michigan

Consumer Confidence in the United States is expected to be 98.40 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in the United States to stand at 86.70 in 12 months time. In the long-term, the United States Consumer Sentiment is projected to trend around 85.00 points in 2021, according to our econometric models.


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United States Consumer Sentiment

Actual Previous Highest Lowest Dates Unit Frequency
100.90 99.80 111.40 51.70 1952 - 2020 points Monthly
Volume, NSA, 1966=100


Calendar GMT Actual Previous Consensus TEForecast
2020-02-14 03:00 PM Michigan 5 Year Inflation Expectations Prel Feb 2.3% 2.5% 2.4%
2020-02-14 03:00 PM Michigan Inflation Expectations Prel Feb 2.5% 2.5% 2.5%
2020-02-14 03:00 PM Michigan Consumer Expectations Prel Feb 92.6 90.5 90.3 89.4
2020-02-14 03:00 PM Michigan Current Conditions Prel Feb 113.8 114.4 115 114.5
2020-02-28 03:00 PM Michigan Consumer Sentiment Final Feb 99.8 100.9 100.9
2020-02-28 03:00 PM Michigan Inflation Expectations Final Feb 2.5% 2.5%
2020-02-28 03:00 PM Michigan Current Conditions Final Feb 114.4 116 113.8
2020-02-28 03:00 PM Michigan 5 Year Inflation Expectations Final Feb 2.5% 2.3%
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News Stream
US Consumer Sentiment at Near 2-Year High
The University of Michigan consumer sentiment index in the US increased to 100.9 in February of 2020 from 99.8 in January, beating market forecasts of 99.5, preliminary estimates showed. It is the highest reading since March of 2018 amid improving expectations (92.6 from 90.5) while the gauge for current conditions declined (113.8 from 114.4). Inflation expectations for the year ahead were steady at 2.5 percent while those for the five-year outlook fell to 2.3 percent from 2.5 percent. Current personal finances as well as evaluations of the national economy each posted large gains, while consumers' views on buying conditions for household durables posted a significant loss.
2020-02-14
US Consumer Sentiment Revised Higher
The University of Michigan consumer sentiment index in the US was revised up to 99.8 in January of 2020 from a preliminary of 99.1 and 99.3 in December. It is the highest reading in eight months, amid record low unemployment, record gains in income and wealth, as well as near record lows in inflation and interest rates. The expectations sub-index went up to 90.5 from a preliminary of 88.3 and 88.9 in the previous month. On the other hand, the current conditions sub-index fell to 114.4 from a preliminary of 115.8 and 115.5 in December. The 12-month inflation expectations rose to 2.5 percent from 2.3 percent in December and the five-year inflation gauge also increased to 2.5 percent from 2.2 percent. Both were in line with the preliminary release.
2020-01-31
US Consumer Sentiment Slightly Below Forecasts
The University of Michigan consumer sentiment index in the US came in at 99.1 in January 2020, little-changed from the previous month's 99.3 and slightly below market expectations of 99.3, a preliminary estimate showed. The current conditions sub-index rose slightly to 115.8 from 115.5 in December, while the gauge of expectations fell to 88.3 from 88.9. Consumers are seen supporting the current expansion for a period of time due to their favorable judgements about their current and prospective financial situation. The 12-month inflation expectations rose to 2.5 percent from 2.3 percent last month, while the five-year inflation expectations increased also to 2.5 percent from 2.2 percent.
2020-01-17
US Consumer Sentiment Revised Higher
The University of Michigan's consumer sentiment for the US was revised slightly higher to 99.3 in December of 2019 from a preliminary of 99.2 and 96.8 in November. It is the highest reading since May and the second best in 2019. Current conditions were seen a bit more positive and inflation expectations declined.
2019-12-20

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.