United States Consumer Confidence

Last Release

Jan 31, 2025

Actual

73.2

Units In

Points

Frequency

Monthly

Next Release

Jan 24, 2025

Time to Release

13 Days 14 Hours

Highest	Lowest	Average	Date Range	Source
111.4 Jan 2000	50 Jun 2022	85.21 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 fell to 73.2 in January 2025 from 74 in December which was the highest in eight months, and below forecasts of 73.8, preliminary estimates showed. The expectations subindex dropped to 70.2 from 73.3 while the current conditions gauge increased to 73.2 from 74. January’s divergence in views of the present and the future reflects easing concerns over the current cost of living this month, but surging worries over the future path of inflation. Meanwhile, year-ahead inflation expectations soared to 3.3%, the highest in eight months, from 2.8% in December and long-run inflation expectations also rose to 3.3% from 3%. This is only the third time in the last four years that long-run expectations have exhibited such a large one-month change.