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United States Consumer Confidence
Last Release
Mar 31, 2024
Actual
76.5
Units In
Points
Previous
76.9
Frequency
Monthly
Next Release
Mar 28, 2024
Time to Release
11 Days 13 Hours
Highest | Lowest | Average | Date Range | Source |
111.4 Jan 2000 | 50 Jun 2022 | 85.43 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 edged down to 76.5 in March 2024, the lowest in three months, from 76.9 in February, and below forecasts of 76.9. Small improvements in personal finances were offset by modest declines in expectations for business conditions, preliminary estimates showed. Yet, consumers perceived few signals that the economy is currently improving or deteriorating and many are withholding judgment about the trajectory of the economy, particularly in the long term, pending the results of this November’s election. The gauge for expectations fell to 74.6 from 75.2 while the current conditions subindex was steady at 79.4. Meanwhile, inflation expectations for the year ahead were unchanged at 3% and those for the five-year outlook were steady at 2.9%.
United States Consumer Confidence History
Last 12 readings