US Michigan Consumer Sentiment Revised Lower

2025-03-28 14:05 By Joana Taborda 1 min. read

The University of Michigan consumer sentiment for the US was revised lower to 57 in March 2025 from a preliminary of 57.9, and well below 64.7 in February.

Consumer sentiment fell for a third straight month to hit the lowest since November 2022 as consumer's expectations worsened for personal finances, business conditions, unemployment, and inflation.

Consumers continue to worry about the potential for pain amid ongoing economic policy developments.

Notably, two-thirds of consumers expect unemployment to rise in the year ahead, the highest reading since 2009.

The expectations index fell to 52.6 from a preliminary of 54.2 and hitting the lowest since July 2022.

The current conditions gauge on the other hand, was revised slightly higher to 63.8 from a preliminary of 63.5.

Meanwhile inflation expectations for the year ahead topped 5%, the highest since November 2022 and above 4.9% in the preliminary estimate.

Long-run inflation expectations were also revised higher to 4.1% from 3.9%.



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