The University of Michigan Current Economic Conditions index in the United States increased to 54.90 points in July 2026, the highest in four months, compared to 47.70 points in June and beating forecasts of 48.7, preliminary estimates showed. source: University of Michigan

Michigan Current Economic Conditions in the United States averaged 94.00 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. This page includes a chart with historical data for the United States Michigan Current Economic Conditions. United States Michigan Current Economic Conditions - data, historical chart, forecasts and calendar of releases - was last updated on July of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-06-26 02:00 PM
Michigan Current Conditions Final
Jun 47.7 45.8 48.9 48.4
2026-07-17 02:00 PM
Michigan Current Conditions Prel
Jul 54.9 47.7 48.7 48
2026-07-31 02:00 PM
Michigan Current Conditions Final
Jul 47.7 54.9 54.9


Related Last Previous Unit Reference
Bank Lending Rate 6.75 6.75 percent Jun 2026
Chain Store Sales 3391.00 3131.00 USD Million May 2026
Michigan Consumer Sentiment 54.40 49.50 points Jul 2026
Consumer Credit Change -0.18 20.82 USD Billion May 2026
Consumer Spending 16687.70 16665.20 USD Billion Mar 2026
Credit Card Accounts 647.96 648.10 Million Mar 2026
Debt Balance Auto Loans 1.69 1.67 Trillion USD Mar 2026
Debt Balance Credit Cards 1.25 1.28 Trillion USD Mar 2026
Debt Balance Mortgages 13.19 13.17 Trillion USD Mar 2026
Debt Balance Student Loans 1.66 1.66 Trillion USD Mar 2026
Total Household Debt 18.79 18.78 USD Trillion Mar 2026
Disposable Personal Income 23472.20 23492.10 USD Billion Apr 2026
RCM/TIPP Economic Optimism Index 45.50 42.50 points Jul 2026
Gasoline Prices 1.07 1.18 USD/Liter Jun 2026
Households Debt to GDP 68.10 68.20 percent of GDP Dec 2025
Michigan Consumer Expectations 54.00 50.70 points Jul 2026
Michigan Current Conditions 54.90 47.70 points Jul 2026
Personal Income MoM 0.70 0.00 percent May 2026
Personal Savings 3.00 3.00 percent May 2026
Personal Spending MoM 0.70 0.40 percent May 2026
Private Sector Credit 13854.10 13804.80 USD Billion Jun 2026
Redbook YoY 7.80 8.20 percent Jul 2026
Retail Sales Ex Autos MoM -0.20 1.00 percent Jun 2026
Retail Sales Ex Gas/Autos MoM 0.40 0.80 percent Jun 2026
Retail Sales MoM 0.20 1.00 percent Jun 2026
Retail Sales YoY 6.70 7.30 percent Jun 2026
Used Car Prices MoM 0.10 0.30 percent Jun 2026
Used Car Prices YoY 2.10 3.60 percent Jun 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
54.90 47.70 121.20 45.80 1951 - 2026 points Monthly
1966Q1=100, NSA