The University of Michigan’s consumer sentiment index rose to 51.0 in early November 2026, up from 48.0 in October and comfortably above market expectations of 48.0. Modest gains across several components, including expectations for personal finances and business conditions, were driven primarily by independent voters. Sentiment improved among lower- and middle-wealth households but fell 5% among consumers with the largest stock portfolios, following a relatively turbulent period in equity markets. Consumer comments also revealed growing concerns about a potential AI bubble, although these remained secondary to persistent cost-of-living pressures. Despite November’s improvement, overall sentiment remains 10% below its February level. Inflation expectations offered a more encouraging signal: year-ahead expectations declined to 4.3% from 4.7% in October, while long-run expectations edged down to 3.4% from 3.5%. source: University of Michigan

Consumer Confidence in the United States increased to 51 points in November from 48 points in October of 2026. Consumer Confidence in the United States averaged 84.19 points from 1952 until 2026, reaching an all time high of 111.40 points in January of 2000 and a record low of 44.80 points in May of 2026. 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 Michigan Consumer Sentiment - data, historical chart, forecasts and calendar of releases - was last updated on November of 2026.

Consumer Confidence in the United States increased to 51 points in November from 48 points in October of 2026. Consumer Confidence in the United States is expected to be 52.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Michigan Consumer Sentiment is projected to trend around 58.00 points in 2027 and 62.00 points in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-10-23 02:00 PM
Michigan Consumer Sentiment Final
Oct 48.0 48.1 46.3 46.3
2026-11-06 03:00 PM
Michigan Consumer Sentiment Prel
Nov 51.0 48.0 48 47.0
2026-11-20 03:00 PM
Michigan Consumer Sentiment Final
Nov 48.0 51.0 51.0



Components Last Previous Unit Reference
Michigan 5 Year Inflation Expectations 3.40 3.50 percent Nov 2026
Michigan Consumer Expectations 50.90 48.80 points Nov 2026
Michigan Current Conditions 51.00 46.70 points Nov 2026
Michigan Inflation Expectations 4.30 4.70 percent Nov 2026

Related Last Previous Unit Reference
Michigan Consumer Sentiment 51.00 48.00 points Nov 2026


United States Michigan 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.
Actual Previous Highest Lowest Dates Unit Frequency
51.00 48.00 111.40 44.80 1952 - 2026 points Monthly
1966Q1=100, NSA

News Stream
US Consumer Sentiment Improves in November
The University of Michigan’s consumer sentiment index rose to 51.0 in early November 2026, up from 48.0 in October and comfortably above market expectations of 48.0. Modest gains across several components, including expectations for personal finances and business conditions, were driven primarily by independent voters. Sentiment improved among lower- and middle-wealth households but fell 5% among consumers with the largest stock portfolios, following a relatively turbulent period in equity markets. Consumer comments also revealed growing concerns about a potential AI bubble, although these remained secondary to persistent cost-of-living pressures. Despite November’s improvement, overall sentiment remains 10% below its February level. Inflation expectations offered a more encouraging signal: year-ahead expectations declined to 4.3% from 4.7% in October, while long-run expectations edged down to 3.4% from 3.5%.
2026-11-06
US Consumer Sentiment Revised Higher but Remains Weak
The University of Michigan’s consumer sentiment index was revised higher to 48.0 in late October 2026, up from a preliminary estimate of 46.3, but remained at its lowest level in five months. Gains in sentiment among Republicans and Democrats were offset by declines among independents. Year-ahead business conditions improved by around 14%, although the index remained 16% below its level in October 2025. Meanwhile, the decline in the Current Conditions subindex was driven entirely by buying conditions for durable goods, which plunged 18% amid higher interest rates and growing concerns about affordability. Purchasing power continues to dominate consumer views of the economy, with sentiment now 10% below its year-ago level and 15% below February, just before the Iran conflict. Year-ahead inflation expectations edged up to 4.7% from 4.6% in September, while long-run inflation expectations also increased, rising to 3.5% from 3.4%.
2026-10-23
US Consumer Sentiment Falls to Five-Month Low
The University of Michigan’s consumer sentiment index fell to 46.3 in early October 2026, according to the preliminary estimate, its lowest level since May’s record low and well below market expectations of 47.6. The current economic conditions subindex plunged to an all-time low of 44.7, as buying conditions for durable goods deteriorated sharply amid persistently high prices and borrowing costs. Lower-income consumers and households with smaller stock portfolios recorded particularly steep declines, reflecting their limited capacity to absorb further price increases. Frustration over the cost of living continues to mount, with consumers across the political spectrum increasingly perceiving a deterioration in the economic outlook since the beginning of the year. Meanwhile, inflation expectations edged higher, with year-ahead expectations rising to 4.7% from 4.6% in September, while long-run inflation expectations increased to 3.5% from 3.4%.
2026-10-09