Michigan Current Economic Conditions in the United States decreased to 51.90 points in August from 54.80 points in July of 2026. Michigan Current Economic Conditions in the United States averaged 93.94 points from 1951 until 2026, reaching an all time high of 121.20 points in March of 2018 and a record low of 45.80 points in May of 2026. source: University of Michigan



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-08-14 02:00 PM
Michigan Current Conditions Prel
Aug 51.8 54.8 55 54.7
2026-08-28 02:00 PM
Michigan Current Conditions Final
Aug 51.9 54.8 51.8 51.8
2026-09-11 02:00 PM
Michigan Current Conditions Prel
Sep 51.9 51 51.4


Related Last Previous Unit Reference
Bank Lending Rate 6.75 6.75 percent Aug 2026
Chain Store Sales 3023.00 2981.00 USD Million Jul 2026
Michigan Consumer Sentiment 51.70 55.20 points Aug 2026
Consumer Credit Change 14.17 -1.08 USD Billion Jun 2026
Consumer Spending 16829.70 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 23858.10 23732.20 USD Billion Jul 2026
RCM/TIPP Economic Optimism Index 45.60 45.10 points Sep 2026
Gasoline Prices 1.07 1.04 USD/Liter Aug 2026
Households Debt to GDP 68.10 68.20 percent of GDP Dec 2025
Michigan Consumer Expectations 51.50 55.40 points Aug 2026
Michigan Current Conditions 51.90 54.80 points Aug 2026
Personal Income MoM 0.40 0.20 percent Jul 2026
Personal Savings 3.00 2.60 percent Jul 2026
Personal Spending MoM 0.20 0.30 percent Jul 2026
Private Sector Credit 13900.80 13855.20 USD Billion Jul 2026
Redbook YoY 9.60 9.10 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 -0.90 -1.40 percent Aug 2026
Used Car Prices YoY 0.40 1.30 percent Aug 2026


United States Michigan Current Economic Conditions
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
51.90 54.80 121.20 45.80 1951 - 2026 points Monthly
1966Q1=100, NSA