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.
- 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.
- 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 |