The University of Michigan consumer sentiment for the US was revised lower to 57 in March 2025 from a preliminary of 57.9, and well below 64.7 in February. Consumer sentiment fell for a third straight month to hit the lowest since November 2022 as consumer's expectations worsened for personal finances, business conditions, unemployment, and inflation. Consumers continue to worry about the potential for pain amid ongoing economic policy developments. Notably, two-thirds of consumers expect unemployment to rise in the year ahead, the highest reading since 2009. The expectations index fell to 52.6 from a preliminary of 54.2 and hitting the lowest since July 2022. The current conditions gauge on the other hand, was revised slightly higher to 63.8 from a preliminary of 63.5. Meanwhile inflation expectations for the year ahead topped 5%, the highest since November 2022 and above 4.9% in the preliminary estimate. Long-run inflation expectations were also revised higher to 4.1% from 3.9%. source: University of Michigan

Consumer Confidence in the United States decreased to 57 points in March from 64.70 points in February of 2025. Consumer Confidence in the United States averaged 85.13 points from 1952 until 2025, reaching an all time high of 111.40 points in January of 2000 and a record low of 50.00 points in June of 2022. This page provides the latest reported value for - United States Consumer Sentiment - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States Michigan Consumer Sentiment - data, historical chart, forecasts and calendar of releases - was last updated on April of 2025.

Consumer Confidence in the United States decreased to 57 points in March from 64.70 points in February of 2025. Consumer Confidence in the United States is expected to be 57.90 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Michigan Consumer Sentiment is projected to trend around 74.00 points in 2026 and 78.00 points in 2027, according to our econometric models.

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Calendar GMT Reference Actual Previous Consensus TEForecast
2025-03-14 02:00 PM Michigan Consumer Sentiment Prel Mar 57.9 64.7 63.1 63.2
2025-03-28 02:00 PM Michigan Consumer Sentiment Final Mar 57.0 64.7 57.9 57.9
2025-04-11 02:00 PM Michigan Consumer Sentiment Prel Apr

Components Last Previous Unit Reference
Michigan 5 Year Inflation Expectations 4.10 3.50 percent Mar 2025
Michigan Consumer Expectations 52.60 64.00 points Mar 2025
Michigan Current Conditions 63.80 65.70 points Mar 2025
Michigan Inflation Expectations 5.00 4.30 percent Mar 2025

Related Last Previous Unit Reference
Michigan Consumer Sentiment 57.00 64.70 points Mar 2025

United States Michigan Consumer Sentiment
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
57.00 64.70 111.40 50.00 1952 - 2025 points Monthly
1966Q1=100, NSA


News Stream
US Michigan Consumer Sentiment Revised Lower
The University of Michigan consumer sentiment for the US was revised lower to 57 in March 2025 from a preliminary of 57.9, and well below 64.7 in February. Consumer sentiment fell for a third straight month to hit the lowest since November 2022 as consumer's expectations worsened for personal financ...es, business conditions, unemployment, and inflation. Consumers continue to worry about the potential for pain amid ongoing economic policy developments. Notably, two-thirds of consumers expect unemployment to rise in the year ahead, the highest reading since 2009. The expectations index fell to 52.6 from a preliminary of 54.2 and hitting the lowest since July 2022. The current conditions gauge on the other hand, was revised slightly higher to 63.8 from a preliminary of 63.5. Meanwhile inflation expectations for the year ahead topped 5%, the highest since November 2022 and above 4.9% in the preliminary estimate. Long-run inflation expectations were also revised higher to 4.1% from 3.9%. more
2025-03-28
US Consumer Sentiment Sinks in March
The University of Michigan consumer sentiment for the US plunged to 57.9 in March 2025, the lowest since November 2022, from 64.7 in February and well below forecasts of 63.1, preliminary estimates showed. Sentiment declined for a third straight month, with many consumers citing the high level of un...certainty around policy and other economic factors. While current economic conditions were little changed (53.5 vs 65.7), expectations for the future deteriorated (54.2 vs 64) across multiple facets of the economy, including personal finances, labor markets, inflation, business conditions, and stock markets. Meanwhile, inflation expectations surged, with the year-ahead gauge rising to 4.9%, the highest reading since November 2022, from 4.3%. Also, inflation expectations for the next five years surged to 3.9% from 3.5% in February, the largest month-over-month increase seen since 1993. more
2025-03-14
Michigan Consumer Sentiment Revised Sharply Lower
The University of Michigan consumer sentiment for the US was revised sharply lower to 64.7 in February 2025 from a preliminary of 67.8, reaching the lowest level since November 2023. The gauge for current economic conditions was also revised lower to 65.7 from 68.7 and the expectations subindex was ...revised down to 64 from 67.3. The decrease in sentiment was unanimous across groups by age, income, and wealth. The drop was led by a 19% plunge in buying conditions for durables, in large part due to fears that tariff-induced price increases are imminent. Expectations for personal finances and the short-run economic outlook both declined almost 10%, while the long-run economic outlook fell back about 6% to its lowest reading since November 2023. Meanwhile, inflation expectations for the year-ahead soared to 4.3%, the highest since November 2023. The five-year outlook increased to 3.5% from a preliminary of 3.3% and above 3.2% in January, the largest mom increase seen since May 2021. more
2025-02-21