United States Consumer Confidence

Last Release

Mar 31, 2025

Actual

Units In

Points

64.7

Frequency

Monthly

Next Release

Apr 25, 2025

Time to Release

27 Days 4 Hours

Highest	Lowest	Average	Date Range	Source
111.4 Jan 2000	50 Jun 2022	85.13 Points	1952-2025	University of Michigan

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.

Latest Updates

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%.