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United States Consumer Confidence

Last Release
Oct 2021
Actual
71.4 points
Forecast
72 points
Previous
72.8 points
Frequency
Monthly
Units In
points
Next Release
Oct 29, 2021
Time to Release
11 Days 12 Hours
Highest
Lowest
Average
Date Range
Source
111.4 points
Jan 2000
51.7 points
May 1980
86.42 points1952 - 2021University 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's consumer sentiment for the US fell to 71.4 in October of 2021 from 72.8 in September and below market forecasts of 73.1, preliminary estimates showed. The gauge of current conditions dropped to 77.9 from 80.1 while the expectations subindex went down to 67.2 from 68.1. Meanwhile, inflation expectations for the year-ahead edged up to 4.8% from 4.6% while the 5-year outlook eased to 2.8% from 3%. The Delta variant, supply chain shortages, and reduced labor force participation rates will continue to dim the pace of consumer spending into 2022. There is another, less tangible factor that has contributed to the slump in optimism: confidence in government economic policies has significantly declined during the past six months.

United States Consumer Confidence History

Last 12 readings

Latest Releases and Calendar Events

DATETIMETITLE
Oct 15, 202114:05US Consumer Sentiment Below Forecasts
Oct 1, 202114:07US Consumer Sentiment Revised Higher
Sep 17, 202114:03US Consumer Sentiment Rises Less than Expected
Aug 27, 202114:04US Consumer Sentiment Remains at Decade Low
Aug 13, 202114:07US Consumer Sentiment Tumbles in Early August
Jul 30, 202114:06US Consumer Sentiment Revised Higher, Remains 5-Month Low
Jul 16, 202114:03US Consumer Sentiment Unexpectedly Falls in July
DATETIMEEVENTActual
Oct 15, 202114:00Michigan Consumer Sentiment Prel71.4
Nov 8, 201915:00Michigan Consumer Sentiment Prel95.7
Oct 11, 201914:00Michigan Consumer Sentiment Prel96
Sep 13, 201914:00Michigan Consumer Sentiment Prel92
Aug 16, 201914:00Michigan Consumer Sentiment Prel92.1
Jul 19, 201914:00Michigan Consumer Sentiment Prel98.4
Jun 14, 201914:00Michigan Consumer Sentiment Prel

United States consumer Indicators

All United States indicators
Indicator
Last
Previous
Min
Max
Unit
Frequency
Range
Bank Lending Rate
3.25
Sep 2021
3.25
Aug 2021
2
Apr 1950
20.5
Aug 1981
%Monthly1950 - 2021
Consumer Confidence
71.4
Oct 2021
72.8
Sep 2021
51.7
May 1980
111.4
Jan 2000
pointsMonthly1952 - 2021
Consumer Credit
14.38
Aug 2021
17
Jul 2021
-111.95
Dec 2015
116.79
Dec 2010
USD BillionMonthly1943 - 2021
Consumer Spending
13,665.61
Jun 2021
13,282.69
Mar 2021
1,403.69
Mar 1950
13,665.61
Jun 2021
USD BillionQuarterly1950 - 2021
Gasoline Prices
0.84
Sep 2021
0.83
Aug 2021
0.24
Feb 1999
1.07
Jun 2008
USD/LiterMonthly1991 - 2021
Disposable Personal Income
18,123.92
Aug 2021
18,048.1
Jul 2021
351.54
Jan 1959
21,902.41
Mar 2021
USD BillionMonthly1959 - 2021

Consumer Confidence across North America

Consumer Confidence global view
Country
Last
Previous
Min
Max
Unit
Frequency
Range
Canada
55.37
Oct 2021
52.98
Sep 2021
35.6
Apr 2020
57.05
Nov 2018
pointsMonthly2010 - 2021
Mexico
43.4
Sep 2021
42.6
Aug 2021
28.8
Jan 2017
48.52
Feb 2019
pointsMonthly2001 - 2021
United States
71.4
Oct 2021
72.8
Sep 2021
51.7
May 1980
111.4
Jan 2000
pointsMonthly1952 - 2021

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