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

Macro

2026-10-23

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 final reading of the University of Michigan Consumer Sentiment Index for Q4 2026 (October) fell to 48.0, which, while higher than preliminary estimates, edged down slightly from 48.1 in the previous period, remaining at historic lows. High inflation and high interest rates have battered the willingness to purchase durable goods, while both short- and long-term inflation expectations climbed. The extremely pessimistic perceived sentiment threatens to cast a shadow over the upcoming midterm elections and the year-end shopping season.

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AI Data Insight

The final reading of the University of Michigan Consumer Sentiment Index for Q4 2026 (October) fell to 48.0, which, while higher than preliminary estimates, edged down slightly from 48.1 in the previous period, remaining at historic lows. High inflation and high interest rates have battered the willingness to purchase durable goods, while both short- and long-term inflation expectations climbed. The extremely pessimistic perceived sentiment threatens to cast a shadow over the upcoming midterm elections and the year-end shopping season.

Dive in →

You May Also Like

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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