United States USD

United States Michigan Consumer Sentiment Final

Info

History

Chart

Impact:

High

Source: University of Michigan

Latest Release:

Date:

Surprise:

1.2

USD

Actual:

52.2

Forecast: 51

Previous/Revision:

52.2

Period: May

Next Release:

Date:

Period: Jun

What Does It Measure?

The Michigan Consumer Sentiment Index measures the overall consumer confidence of residents in the United States, explicitly assessing their personal financial situation and expectations for the economy. This indicator focuses on consumer attitudes towards economic conditions and includes key components such as current financial conditions, future economic outlook, and inflation expectations, providing insights into spending patterns.

Frequency

The Michigan Consumer Sentiment Index is released monthly on the final Friday of the month, providing an updated snapshot of consumer confidence based on preliminary data collected earlier in the month.

Why Do Traders Care?

Traders pay close attention to the Michigan Consumer Sentiment Index because it serves as a leading indicator of consumer behavior and spending, which are critical drivers of economic growth. Stronger-than-expected results typically bolster the value of equities and currencies due to expectations of increased consumer spending, while weaker readings may have a bearish impact on financial markets.

What Is It Derived From?

The index is derived from a survey of about 500 households, with respondents providing information on their financial situation and economic outlook. The data collection involves both qualitative and quantitative measures, utilizing techniques such as diffusion indices and standardized questions to ensure a reliable representation of consumer sentiment.

Description

Preliminary reports of the Michigan Consumer Sentiment Index are based on early survey responses and are subject to revisions, while final reports reflect more comprehensive data analysis and are released later. This index is reported on a month-over-month (MoM) basis, allowing traders to observe short-term shifts in consumer sentiment that may signal changes in spending behavior.

Additional Notes

The Michigan Consumer Sentiment Index is considered a leading economic indicator, as it tends to predict future economic activity based on consumer spending trends. Its relationship with other economic metrics, such as retail sales and the unemployment rate, provides a broader understanding of economic health in the United States.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for USD, Bullish for Stocks. Lower than expected: Bearish for USD, Bearish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Forecast	Previous	Surprise
May 30, 2025	52.2	51	52.2	1.2
Apr 25, 2025	52.2	50.8	57	1.4
Mar 28, 2025	57	57.9	64.7	-0.9
Feb 21, 2025	64.7	67.8	71.1	-3.1
Jan 24, 2025	71.1	73.2	74	-2.1
Dec 20, 2024	74	74	71.8
Nov 22, 2024	71.8	73.7	70.5	-1.9
Oct 25, 2024	70.5	69	70.1	1.5
Sep 27, 2024	70.1	69.3	67.9	0.8
Aug 30, 2024	67.9	68	66.4	-0.1
Jul 26, 2024	66.4	66	68.2	0.4
Jun 28, 2024	68.2	65.8	69.1	2.4
May 24, 2024	69.1	67.5	77.2	1.6
Apr 26, 2024	77.2	77.8	79.4	-0.6
Mar 28, 2024	79.4	76.5	76.9	2.9
Mar 01, 2024	76.9	79.6	79	-2.7
Feb 02, 2024	79	78.9	69.7	0.1
Dec 22, 2023	69.7	69.4	61.3	0.3
Nov 22, 2023	61.3	60.5	63.8	0.8
Oct 27, 2023	63.8	63	68.1	0.8
Sep 29, 2023	68.1	67.7	69.5	0.4
Aug 25, 2023	69.5	71.2	71.6	-1.7
Jul 28, 2023	71.6	72.6	64.4	-1
Jun 30, 2023	64.4	63.9	59.2	0.5
May 26, 2023	59.2	57.7	63.5	1.5
Apr 28, 2023	63.5	63.5	62
Mar 31, 2023	62	63.2	67	-1.2
Feb 24, 2023	67	66.4	64.9	0.6
Jan 27, 2023	64.9	64.6	59.7	0.3
Dec 23, 2022	59.7	59.1	56.8	0.6
Nov 23, 2022	56.8	55	59.9	1.8
Oct 28, 2022	59.9	59.8	58.6	0.1
Sep 30, 2022	58.6	59.5	58.2	-0.9
Aug 26, 2022	58.2	55.2	51.5	3
Jul 29, 2022	51.5	51.1	50	0.4
Jun 24, 2022	50	50.2	58.4	-0.2
May 27, 2022	58.4	59.1	65.2	-0.7
Apr 29, 2022	65.2	65.7	59.4	-0.5
Mar 25, 2022	59.4	59.7	62.8	-0.3
Feb 25, 2022	62.8	61.7	67.2	1.1
Jan 28, 2022	67.2	68.7	70.6	-1.5
Nov 24, 2021	67.4	66.9	71.7	0.5
Oct 29, 2021	71.7	71.4	72.8	0.3
Oct 01, 2021	72.8	71	70.3	1.8
Aug 27, 2021	70.3	70.7	81.2	-0.4
Jul 30, 2021	81.2	80.8	85.5	0.4
Jun 25, 2021	85.5	86.5	82.9	-1
May 28, 2021	82.9	82.9	88.3
Apr 30, 2021	88.3	87.4	84.9	0.9
Mar 26, 2021	84.9	83.6	76.8	1.3
Feb 26, 2021	76.8	76.5	79	0.3
Jan 29, 2021	79	79.2	80.7	-0.2
Dec 23, 2020	80.7	81.3	76.9	-0.6
Nov 25, 2020	76.9	77	81.8	-0.1
Oct 30, 2020	81.8	81.2	80.4	0.6
Oct 02, 2020	80.4	79	74.1	1.4
Aug 28, 2020	74.1	72.8	72.5	1.3
Jul 31, 2020	72.5	73	78.1	-0.5
Jun 26, 2020	78.1	79	72.3	-0.9
May 29, 2020	72.3	74	71.8	-1.7
Apr 24, 2020	71.8	68	89.1	3.8
Mar 27, 2020	89.1	90	101	-0.9
Feb 28, 2020	101	100.9	99.8	0.1
Jan 31, 2020	99.8	99.1	99.3	0.7
Dec 20, 2019	99.3	99.2	96.8	0.1
Nov 22, 2019	96.8	95.7	95.5	1.1
Oct 25, 2019	95.5	96	93.2	-0.5
Sep 27, 2019	93.2	92	89.8	1.2
Aug 30, 2019	89.8	92.1	98.4	-2.3
Aug 02, 2019	98.4	98.5	98.2	-0.1
Jun 28, 2019	98.2	98.5	100	-0.3
May 31, 2019	100	101.5	97.2	-1.5
Apr 26, 2019	97.2	97	98.4	0.2
Mar 29, 2019	98.4	97.8	93.8	0.6
Mar 01, 2019	93.8	95.7	91.2	-1.9
Feb 01, 2019	91.2	90.8	98.3	0.4
Dec 21, 2018	98.3	97.5	97.5	0.8
Nov 21, 2018	97.5	98.3	98.6	-0.8
Oct 26, 2018	98.6	99	100.1	-0.4
Sep 28, 2018	100.1	100.8	96.2	-0.7
Aug 31, 2018	96.2	95.5	97.9	0.7
Jul 27, 2018	97.9	97.1	98.2	0.8
Jun 29, 2018	98.2	98	98	0.2
May 25, 2018	98	98.8	98.8	-0.8
Apr 27, 2018	98.8	98	101.4	0.8
Mar 29, 2018	101.4	102	99.7	-0.6
Mar 02, 2018	99.7	99.5	95.7	0.2
Feb 02, 2018	95.7	97.1	95.9	-1.4
Dec 22, 2017	95.9	97.1	98.5	-1.2
Nov 22, 2017	98.5	98	100.7	0.5
Oct 27, 2017	100.7	100.9	95.1	-0.2
Sep 29, 2017	95.1	95.3	96.8	-0.2
Sep 01, 2017	96.8	97.4	93.4	-0.6
Jul 28, 2017	93.4	93.1	95.1	0.3
Jun 30, 2017	95.1	94.5	97.1	0.6
May 26, 2017	97.1	97.5	97	-0.4
Apr 28, 2017	97	98	96.9	-1
Mar 31, 2017	96.9	97.6	96.3	-0.7
Feb 24, 2017	96.3	96	98.5	0.3
Jan 27, 2017	98.5	98.1	98.2	0.4
Dec 23, 2016	98.2	98	98	0.2
Nov 23, 2016	93.8	91.6	87.2	2.2
Oct 28, 2016	87.2	88.1	91.2	-0.9
Sep 30, 2016	91.2	90	89.8	1.2
Aug 26, 2016	89.8	90.6	90	-0.8
Jul 29, 2016	90	90.5	93.5	-0.5
Jun 24, 2016	93.5	94	94.7	-0.5
May 27, 2016	94.7	95.4	89	-0.7
Apr 29, 2016	89	90	91	-1
Apr 01, 2016	91	90.5	91.7	0.5
Feb 26, 2016	91.7	91	92	0.7
Jan 29, 2016	92	93	92.6	-1
Dec 23, 2015	92.6	92	91.3	0.6
Nov 25, 2015	91.3	93.1	90	-1.8
Oct 30, 2015	90	92.5	87.2	-2.5
Sep 25, 2015	87.2	86.7	91.9	0.5
Aug 28, 2015	91.9	93	93.1	-1.1
Jul 31, 2015	93.1	94	96.1	-0.9
Jun 26, 2015	96.1	94.6	90.7	1.5
May 29, 2015	90.7	89.9	95.9	0.8
May 01, 2015	95.9	96	93	-0.1