United States Consumer Confidence

Last Release

Sep 30, 2024

Actual

70.1

Units In

Points

67.9

Frequency

Monthly

Next Release

Oct 25, 2024

Time to Release

26 Days 13 Hours

Highest	Lowest	Average	Date Range	Source
111.4 Jan 2000	50 Jun 2022	85.29 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 70.1 in September 2024, the highest in five month, from a preliminary reading of 69 and beating market expectations of 69.3. The current economic conditions gauge was revised higher to 63.3 from 62.9 and the expectations index was revised up to 74.4 from 73. Inflation expectations for the year-ahead fell to 2.7% from 2.8% while the five-year inflation outlook rose to 3.1% from 3%, both in line with earlier estimates.