United States Consumer Confidence

Last Release

Jul 31, 2024

Actual

66.4

Units In

Points

68.2

Frequency

Monthly

Next Release

Aug 30, 2024

Time to Release

1 Months 3 Days 12 Hours

Highest	Lowest	Average	Date Range	Source
111.4 Jan 2000	50 Jun 2022	85.34 Points	1952-2024	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 higher to 66.4 in July 2024 from a preliminary reading of 66, remaining the lowest in eight months. The gauge for expectations was revised up to 68.8 from 67.2 while the current conditions subindex was revised lower to 62.7 from 64.1. Inflation expectations for the year-ahead decreased to 2.9% from 3%, as earlier reported, and the five-year inflation outlook was steady at 3%, above preliminary estimates of 2.9%.