Latest index value

48 Oct 2026

University of Michigan Consumer Sentiment Index

Down from 53.6 a year earlier.

Second-lowest since 1952.

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By Ross Kilburn · Founder, American Default Research
Data through Oct 2026
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Where the University of Michigan Consumer Sentiment Index stands now

The University of Michigan Consumer Sentiment Index was 48 in October 2026, up from the 44.8 low in May 2026. It has been lower than a year earlier for 16 months in a row.

What it means for households: Consumer Debt Statistics

How the University of Michigan Consumer Sentiment Index has moved since 1952

University of Michigan Consumer Sentiment Index: down since 2024

University of Michigan Consumer Sentiment Index, monthly: 48 in October 2026, down from 53.6 a year earlier. Monthly, 1952–2026.

20 40 60 80 100 120 19521980198519901995200020052010201520202026 high · Jan 2000 · 112 low · May 2026 · 44.8 48 Oct 2026 20 60 100 195220202026 112 48
Source: Surveys of Consumers, University of Michigan, University of Michigan: Consumer Sentiment © [UMCSENT], retrieved from FRED, Federal Reserve Bank of St. Louis (UMCSENT) · Nov 1952 – Oct 2026 · American Default
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What the University of Michigan Consumer Sentiment Index measures

A lower index value is worse for households.

University of Michigan Consumer Sentiment Index by month, 1952 to 2026

The newest 300 months, newest first; the CSV has every month since 1952. The change compares each month with the same month a year earlier.

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Month Index value Change from a year earlier
Oct 2026 University of Michigan, Surveys of Consumers — final figure, direct from its own release. FRED had not published this month yet. 48 −5.6
Sep 2026 University of Michigan, Surveys of Consumers — final figure, direct from its own release. FRED had not published this month yet. 48.1 −7
Aug 2026 University of Michigan, Surveys of Consumers — final figure, direct from its own release. FRED had not published this month yet. 51.7 −6.5
Jul 2026 55.2 −6.5
Jun 2026 49.5 −11.2
May 2026 44.8 −7.4
Apr 2026 49.8 −2.4
Mar 2026 53.3 −3.7
Feb 2026 56.6 −8.1
Jan 2026 56.4 −15.3
Dec 2025 52.9 −21.1
Nov 2025 51 −20.8
Oct 2025 53.6 −16.9
Sep 2025 55.1 −15
Aug 2025 58.2 −9.7
Jul 2025 61.7 −4.7
Jun 2025 60.7 —
May 2025 52.2 —
Apr 2025 52.2 —
Mar 2025 57 −22.4
Feb 2025 64.7 −12.2
Jan 2025 71.7 −7.3
Dec 2024 74 +4.3
Nov 2024 71.8 +10.5
Oct 2024 70.5 +6.7
Sep 2024 70.1 +2.3
Aug 2024 67.9 −1.5
Jul 2024 66.4 −5.1
Jun 2024 68.2 —
May 2024 69.1 —
Apr 2024 77.2 —
Mar 2024 79.4 +17.4
Feb 2024 76.9 +10
Jan 2024 79 +14.1
Dec 2023 69.7 +9.9
Nov 2023 61.3 +4.6
Oct 2023 63.8 +3.9
Sep 2023 67.8 +9.2
Aug 2023 69.4 +11.2
Jul 2023 71.5 +20
Jun 2023 64.2 +14.2
May 2023 59 +0.6
Apr 2023 63.7 −1.5
Mar 2023 62 +2.6
Feb 2023 66.9 +4.1
Jan 2023 64.9 −2.3
Dec 2022 59.8 −10.8
Nov 2022 56.7 −10.7
Oct 2022 59.9 −11.8
Sep 2022 58.6 −14.2
Aug 2022 58.2 −12.1
Jul 2022 51.5 −29.7
Jun 2022 50 −35.5
May 2022 58.4 −24.5
Apr 2022 65.2 −23.1
Mar 2022 59.4 −25.5
Feb 2022 62.8 −14
Jan 2022 67.2 −11.8
Dec 2021 70.6 −10.1
Nov 2021 67.4 −9.5
Oct 2021 71.7 −10.1
Sep 2021 72.8 −7.6
Aug 2021 70.3 −3.8
Jul 2021 81.2 +8.7
Jun 2021 85.5 +7.4
May 2021 82.9 +10.6
Apr 2021 88.3 +16.5
Mar 2021 84.9 −4.2
Feb 2021 76.8 −24.2
Jan 2021 79 −20.8
Dec 2020 80.7 −18.6
Nov 2020 76.9 −19.9
Oct 2020 81.8 −13.7
Sep 2020 80.4 −12.8
Aug 2020 74.1 −15.7
Jul 2020 72.5 −25.9
Jun 2020 78.1 −20.1
May 2020 72.3 −27.7
Apr 2020 71.8 −25.4
Mar 2020 89.1 −9.3
Feb 2020 101 +7.2
Jan 2020 99.8 +8.6
Dec 2019 99.3 +1
Nov 2019 96.8 −0.7
Oct 2019 95.5 −3.1
Sep 2019 93.2 −6.9
Aug 2019 89.8 −6.4
Jul 2019 98.4 +0.5
Jun 2019 98.2 0
May 2019 100 +2
Apr 2019 97.2 −1.6
Mar 2019 98.4 −3
Feb 2019 93.8 −5.9
Jan 2019 91.2 −4.5
Dec 2018 98.3 +2.4
Nov 2018 97.5 −1
Oct 2018 98.6 −2.1
Sep 2018 100.1 +5
Aug 2018 96.2 −0.6
Jul 2018 97.9 +4.5
Jun 2018 98.2 +3.2
May 2018 98 +0.9
Apr 2018 98.8 +1.8
Mar 2018 101.4 +4.5
Feb 2018 99.7 +3.4
Jan 2018 95.7 −2.8
Dec 2017 95.9 −2.3
Nov 2017 98.5 +4.7
Oct 2017 100.7 +13.5
Sep 2017 95.1 +3.9
Aug 2017 96.8 +7
Jul 2017 93.4 +3.4
Jun 2017 95 +1.5
May 2017 97.1 +2.4
Apr 2017 97 +8
Mar 2017 96.9 +5.9
Feb 2017 96.3 +4.6
Jan 2017 98.5 +6.5
Dec 2016 98.2 +5.6
Nov 2016 93.8 +2.5
Oct 2016 87.2 −2.8
Sep 2016 91.2 +4
Aug 2016 89.8 −2.1
Jul 2016 90 −3.1
Jun 2016 93.5 −2.6
May 2016 94.7 +4
Apr 2016 89 −6.9
Mar 2016 91 −2
Feb 2016 91.7 −3.7
Jan 2016 92 −6.1
Dec 2015 92.6 −1
Nov 2015 91.3 +2.5
Oct 2015 90 +3.1
Sep 2015 87.2 +2.6
Aug 2015 91.9 +9.4
Jul 2015 93.1 +11.3
Jun 2015 96.1 +13.6
May 2015 90.7 +8.8
Apr 2015 95.9 +11.8
Mar 2015 93 +13
Feb 2015 95.4 +13.8
Jan 2015 98.1 +16.9
Dec 2014 93.6 +11.1
Nov 2014 88.8 +13.7
Oct 2014 86.9 +13.7
Sep 2014 84.6 +7.1
Aug 2014 82.5 +0.4
Jul 2014 81.8 −3.3
Jun 2014 82.5 −1.6
May 2014 81.9 −2.6
Apr 2014 84.1 +7.7
Mar 2014 80 +1.4
Feb 2014 81.6 +4
Jan 2014 81.2 +7.4
Dec 2013 82.5 +9.6
Nov 2013 75.1 −7.6
Oct 2013 73.2 −9.4
Sep 2013 77.5 −0.8
Aug 2013 82.1 +7.8
Jul 2013 85.1 +12.8
Jun 2013 84.1 +10.9
May 2013 84.5 +5.2
Apr 2013 76.4 0
Mar 2013 78.6 +2.4
Feb 2013 77.6 +2.3
Jan 2013 73.8 −1.2
Dec 2012 72.9 +3
Nov 2012 82.7 +19
Oct 2012 82.6 +21.8
Sep 2012 78.3 +18.8
Aug 2012 74.3 +18.5
Jul 2012 72.3 +8.6
Jun 2012 73.2 +1.7
May 2012 79.3 +5
Apr 2012 76.4 +6.6
Mar 2012 76.2 +8.7
Feb 2012 75.3 −2.2
Jan 2012 75 +0.8
Dec 2011 69.9 −4.6
Nov 2011 63.7 −7.9
Oct 2011 60.8 −6.9
Sep 2011 59.5 −8.7
Aug 2011 55.8 −13.1
Jul 2011 63.7 −4.1
Jun 2011 71.5 −4.5
May 2011 74.3 +0.7
Apr 2011 69.8 −2.4
Mar 2011 67.5 −6.1
Feb 2011 77.5 +3.9
Jan 2011 74.2 −0.2
Dec 2010 74.5 +2
Nov 2010 71.6 +4.2
Oct 2010 67.7 −2.9
Sep 2010 68.2 −5.3
Aug 2010 68.9 +3.2
Jul 2010 67.8 +1.8
Jun 2010 76 +5.2
May 2010 73.6 +4.9
Apr 2010 72.2 +7.1
Mar 2010 73.6 +16.3
Feb 2010 73.6 +17.3
Jan 2010 74.4 +13.2
Dec 2009 72.5 +12.4
Nov 2009 67.4 +12.1
Oct 2009 70.6 +13
Sep 2009 73.5 +3.2
Aug 2009 65.7 +2.7
Jul 2009 66 +4.8
Jun 2009 70.8 +14.4
May 2009 68.7 +8.9
Apr 2009 65.1 +2.5
Mar 2009 57.3 −12.2
Feb 2009 56.3 −14.5
Jan 2009 61.2 −17.2
Dec 2008 60.1 −15.4
Nov 2008 55.3 −20.8
Oct 2008 57.6 −23.3
Sep 2008 70.3 −13.1
Aug 2008 63 −20.4
Jul 2008 61.2 −29.2
Jun 2008 56.4 −28.9
May 2008 59.8 −28.5
Apr 2008 62.6 −24.5
Mar 2008 69.5 −18.9
Feb 2008 70.8 −20.5
Jan 2008 78.4 −18.5
Dec 2007 75.5 −16.2
Nov 2007 76.1 −16
Oct 2007 80.9 −12.7
Sep 2007 83.4 −2
Aug 2007 83.4 +1.4
Jul 2007 90.4 +5.7
Jun 2007 85.3 +0.4
May 2007 88.3 +9.2
Apr 2007 87.1 −0.3
Mar 2007 88.4 −0.5
Feb 2007 91.3 +4.6
Jan 2007 96.9 +5.7
Dec 2006 91.7 +0.2
Nov 2006 92.1 +10.5
Oct 2006 93.6 +19.4
Sep 2006 85.4 +8.5
Aug 2006 82 −7.1
Jul 2006 84.7 −11.8
Jun 2006 84.9 −11.1
May 2006 79.1 −7.8
Apr 2006 87.4 −0.3
Mar 2006 88.9 −3.7
Feb 2006 86.7 −7.4
Jan 2006 91.2 −4.3
Dec 2005 91.5 −5.6
Nov 2005 81.6 −11.2
Oct 2005 74.2 −17.5
Sep 2005 76.9 −17.3
Aug 2005 89.1 −6.8
Jul 2005 96.5 −0.2
Jun 2005 96 +0.4
May 2005 86.9 −3.3
Apr 2005 87.7 −6.5
Mar 2005 92.6 −3.2
Feb 2005 94.1 −0.3
Jan 2005 95.5 −8.3
Dec 2004 97.1 +4.5
Nov 2004 92.8 −0.9
Oct 2004 91.7 +2.1
Sep 2004 94.2 +6.5
Aug 2004 95.9 +6.6
Jul 2004 96.7 +5.8
Jun 2004 95.6 +5.9
May 2004 90.2 −1.9
Apr 2004 94.2 +8.2
Mar 2004 95.8 +18.2
Feb 2004 94.4 +14.5
Jan 2004 103.8 +21.4
Dec 2003 92.6 +5.9
Nov 2003 93.7 +9.5
Oct 2003 89.6 +9
Sep 2003 87.7 +1.6
Aug 2003 89.3 +1.7
Jul 2003 90.9 +2.8
Jun 2003 89.7 −2.7
May 2003 92.1 −4.8
Apr 2003 86 −7
Mar 2003 77.6 −18.1
Feb 2003 79.9 −10.8
Jan 2003 82.4 −10.6
Dec 2002 86.7 −2.1
Nov 2002 84.2 +0.3
Oct 2002 80.6 −2.1
Sep 2002 86.1 +4.3
Aug 2002 87.6 −3.9
Jul 2002 88.1 −4.3
Jun 2002 92.4 −0.2
May 2002 96.9 +4.9
Apr 2002 93 +4.6
Mar 2002 95.7 +4.2
Feb 2002 90.7 +0.1
Jan 2002 93 −1.7
Dec 2001 88.8 −9.6
Nov 2001 83.9 −23.7

Monthly · Surveys of Consumers, University of Michigan, University of Michigan: Consumer Sentiment © [UMCSENT], retrieved from FRED, Federal Reserve Bank of St. Louis (UMCSENT)

Measures related to the University of Michigan Consumer Sentiment Index

Measure Latest
Auto Insurance Inflation Premium (Auto CPI minus Overall CPI) −8.7 pp · September 2026
Conference Board Consumer Expectations Index 72.6 · October 2026
Commercial Bank Interest Rate on Credit Card Plans 21.19% · third quarter of 2026
Energy Cost Burden (Energy PCE as % of Disposable Income) 3.65% · third quarter of 2026

Counties with the highest debt burden scores

There's no county figure for this measure, so this list uses the debt burden part of our County Distress Index.

Rank County Score (0–100)
1 Bronx County, NY 99.6
2 Miami-Dade County, FL 99.4
3 Rockland County, NY 99.4
4 Clayton County, GA 99.1
5 Broward County, FL 99
6 Palm Beach County, FL 98.8
7 Santa Barbara County, CA 98.4
8 St. Lucie County, FL 98.4
9 Osceola County, FL 98.3
10 Orleans Parish, LA 98

All 3,144 counties →

Questions about the University of Michigan Consumer Sentiment Index

What is the latest consumer sentiment reading?

The final University of Michigan reading for October 2026 was 48. It was 48.1 in September 2026, within survey noise and seasonal swings.

Is consumer sentiment the same as consumer confidence?

No. "Consumer confidence" usually means the Conference Board's index, which uses a different online panel and a 1985 base. Michigan's index uses a 1966 base. The same Michigan release also publishes separate current-conditions and expectations indexes built from subsets of the five questions, and a year-ahead inflation expectation that is not part of the sentiment index.

Where does consumer sentiment data come from?

The University of Michigan's Survey Research Center runs the Surveys of Consumers every month, by web since mid-2024, with about 1,000 interviews for the final reading. Some respondents are interviewed again six and twelve months later. The figures are national; the survey does not publish state readings.

Cite this University of Michigan Consumer Sentiment Index: 48, Oct 2026 · American Default Research, from University of Michigan · americandefault.org/indicators/the-mood-ring/

Sources and method for the University of Michigan Consumer Sentiment Index

  • Surveys of Consumers, University of Michigan, University of Michigan: Consumer Sentiment © [UMCSENT], retrieved from FRED, Federal Reserve Bank of St. Louis (UMCSENT) We use the monthly figures as published, from November 1952 through October 2026, with no adjustment of our own. University of Michigan doesn’t adjust this index value for the season, so compare a month with the same month a year earlier. University of Michigan’s report

We write with assistance from AI tools. Figures come from the data and sources named on this page.