September Univ. of Michigan Consumer Sentiment - Prelim
Updated: 12-Sep-25 10:15 ET

Highlights
  • The preliminary University of Michigan Consumer Sentiment reading for September checked in at 55.4 (Briefing.com consensus: 59.2) versus the final reading of 58.2 for August.
  • In the same period a year ago, the index stood at 70.1.
Key Factors
  • The Current Economic Conditions Index dipped to 61.2 from the final reading of 61.7 for August. In the same period a year ago, the index stood at 63.3.
  • The Index of Consumer Expectations dropped to 51.8 from the final reading of 55.9 for August. In the same period a year ago, the index stood at 74.4.
  • Year-ahead inflation expectations held steady at 4.8%.
  • Long-run inflation expectations jumped to 3.9% from the final reading of 3.5% for August.
Big Picture
  • The key takeaway from the report is that the pullback in consumer sentiment was paced by fading economic views among lower-income and middle-income consumers.
Category SEP AUG JUL JUN MAY
Sentiment 55.4 58.2 61.7 60.7 52.2
Outlook 51.8 55.9 57.7 58.1 47.9
Present conditions 61.2 61.7 68.0 64.8 58.9
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