The University of Michigan Consumer Expectations index in the United States decreased to 50.6 points in August 2026, from 55.4 points in July, below market expectations of 55.2. Michigan Consumer Expectations in the United States averaged 78.08 points from 1952 until 2026, reaching an all time high of 108.60 points in January of 2000 and a record low of 44.10 points in May of 2026. source: University of Michigan



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-07-31 02:00 PM
Michigan Consumer Expectations Final
Jul 55.4 50.7 54.0
2026-08-14 02:00 PM
Michigan Consumer Expectations Prel
Aug 50.6 55.4 55.2 54.6
2026-08-28 02:00 PM
Michigan Consumer Expectations Final
Aug 55.4 50.6


Related Last Previous Unit Reference
Bank Lending Rate 6.75 6.75 percent Jul 2026
Chain Store Sales 3023.00 2981.00 USD Million Jul 2026
Michigan Consumer Sentiment 51.00 55.20 points Aug 2026
Consumer Credit Change 14.17 -1.08 USD Billion Jun 2026
Consumer Spending 16817.90 16687.70 USD Billion Jun 2026
Credit Card Accounts 653.63 647.96 Million Jun 2026
Debt Balance Auto Loans 1.71 1.69 Trillion USD Jun 2026
Debt Balance Credit Cards 1.26 1.24 Trillion USD Jun 2026
Debt Balance Mortgages 13.12 13.19 Trillion USD Jun 2026
Debt Balance Student Loans 1.65 1.66 Trillion USD Jun 2026
Total Household Debt 18.77 18.78 USD Trillion Jun 2026
Disposable Personal Income 23651.70 23486.90 USD Billion May 2026
RCM/TIPP Economic Optimism Index 45.10 45.50 points Aug 2026
Gasoline Prices 1.04 1.07 USD/Liter Jul 2026
Households Debt to GDP 68.10 68.20 percent of GDP Dec 2025
Michigan Consumer Expectations 50.60 55.40 points Aug 2026
Michigan Current Conditions 51.80 54.80 points Aug 2026
Personal Income MoM 0.20 0.70 percent Jun 2026
Personal Savings 2.70 2.80 percent Jun 2026
Personal Spending MoM 0.30 0.90 percent Jun 2026
Private Sector Credit 13854.10 13804.80 USD Billion Jun 2026
Redbook YoY 8.30 8.70 percent Aug 2026
Retail Sales Ex Autos MoM -0.30 -0.20 percent Jul 2026
Retail Sales Ex Gas/Autos MoM -0.20 0.40 percent Jul 2026
Retail Sales MoM -0.60 0.20 percent Jul 2026
Retail Sales YoY 5.00 6.80 percent Jul 2026
Used Car Prices MoM -1.40 0.10 percent Jul 2026
Used Car Prices YoY 1.30 2.10 percent Jul 2026


United States Michigan Consumer Expectations
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
50.60 55.40 108.60 44.10 1952 - 2026 points Monthly
1966Q1=100, NSA