Updated: 08-May-26 10:15 ET
Highlights
- The preliminary reading for the University of Michigan Consumer Sentiment Index for May dropped to 48.2 (Briefing.com consensus: 50.5) from the final reading of 49.8 for April.
- In the same period a year ago, the index stood at 52.2.
- The Current Economic Conditions Index fell to 47.8 from the final reading of 52.5 for April. In the same period a year ago, the index stood at 58.9.
- The Index of Consumer Expectations bumped up to 48.5 from the final reading of 48.1 for April. In the same period a year ago, the index stood at 47.9.
- Year-ahead inflation expectations dipped to 4.5% from the final reading of 4.7% for April.
- Long-run inflation expectations dipped to 3.4% from the final reading of 3.5% for April.
- The key takeaway from the report is that consumers are clearly concerned about rising costs and their ability to out-earn the inflation.
| Category | MAY | APR | MAR | FEB | JAN |
| Sentiment | 48.2 | 49.8 | 53.3 | 56.6 | 56.4 |
| Outlook | 48.5 | 48.1 | 51.7 | 56.6 | 57.0 |
| Present conditions | 47.8 | 52.5 | 55.8 | 56.6 | 55.4 |
