United States: Consumer Confidence Index (CCI) - University of Michigan (Preliminary)

Macro

2026-03-27
Description

The United States Michigan Consumer Sentiment Index (MCSI) is calculated and published by the University of Michigan's Survey Research Center. This index measures American consumers' confidence in the economic outlook and their personal financial situations, serving as an important indicator of consumer sentiment. A higher index reading indicates stronger consumer confidence and a more optimistic economic outlook, while a lower reading suggests weaker confidence and a pessimistic economic outlook.

Composition and Data Collection is based on monthly telephone interviews with at least 500 households across the United States. The survey covers five key questions:

1. Personal Financial Situation: Are you better or worse off financially than you were a year ago?
2. Future Financial Expectations: Do you expect to be better off financially a year from now?
3. Short-Term Economic Outlook: Do you think the country will have good or bad financial times in the next 12 months?
4. Long-Term Economic Outlook: Do you expect continuous good times or periods of widespread unemployment/depression in the next five years?
5. Timing for Major Purchases: Is now a good or bad time to buy major household items?

The Michigan Consumer Sentiment Index is typically released twice a month: preliminary data (mid-month) and final data (end of the month).

Published by
University of Michigan (Choice)
Frequency
Monthly
Next Update
Hashtags
Consumption CCI United States

AI Data Insight

The preliminary University of Michigan Consumer Sentiment Index for March fell to 55.5, significantly lower than the previous reading of 57.3, halting its prior upward trend. Impacted by geopolitical conflicts in the Middle East and surging gasoline prices, the public is pessimistic about the short-term economic and financial outlook, with 1-year inflation expectations also rebounding to 3.4%. Going forward, close attention must be paid to the crowding-out effect of high oil prices on consumer discretionary spending, as well as the Federal Reserve's subsequent rate cut path.

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AI Data Insight

The preliminary University of Michigan Consumer Sentiment Index for March fell to 55.5, significantly lower than the previous reading of 57.3, halting its prior upward trend. Impacted by geopolitical conflicts in the Middle East and surging gasoline prices, the public is pessimistic about the short-term economic and financial outlook, with 1-year inflation expectations also rebounding to 3.4%. Going forward, close attention must be paid to the crowding-out effect of high oil prices on consumer discretionary spending, as well as the Federal Reserve's subsequent rate cut path.

Dive in →

You May Also Like

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Macro
Description

The United States Michigan Consumer Sentiment Index (MCSI) is calculated and published by the University of Michigan's Survey Research Center. This index measures American consumers' confidence in the economic outlook and their personal financial situations, serving as an important indicator of consumer sentiment. A higher index reading indicates stronger consumer confidence and a more optimistic economic outlook, while a lower reading suggests weaker confidence and a pessimistic economic outlook.

Composition and Data Collection is based on monthly telephone interviews with at least 500 households across the United States. The survey covers five key questions:

1. Personal Financial Situation: Are you better or worse off financially than you were a year ago?
2. Future Financial Expectations: Do you expect to be better off financially a year from now?
3. Short-Term Economic Outlook: Do you think the country will have good or bad financial times in the next 12 months?
4. Long-Term Economic Outlook: Do you expect continuous good times or periods of widespread unemployment/depression in the next five years?
5. Timing for Major Purchases: Is now a good or bad time to buy major household items?

The Michigan Consumer Sentiment Index is typically released twice a month: preliminary data (mid-month) and final data (end of the month).

Published by
University of Michigan (Choice)
Frequency
Monthly
Next Update
Hashtags
Consumption CCI United States