Updated: 18-Jul-25 10:21 ET
Highlights
- The preliminary University of Michigan Consumer Sentiment Index for July edged higher to 61.8 (Briefing.com consensus: 61.5) from the final reading of 60.7 for June, hitting its highest level in five months.
- In the same period a year ago, the index stood at 66.4.
- The Current Economic Conditions Index improved to 66.8 from the final reading of 64.8 for June. In the same period a year ago, the index stood at 62.7.
- The Index of Consumer Expectations rose to 58.6 from the final reading of 58.1 for June. In the same period a year ago, the index stood at 68.8.
- Year-ahead inflation expectations fell to 4.4% from the final reading of 5.0% for June.
- Long-run inflation expectations decreased to 3.6% from the final reading of 4.0% for June.
- The key takeaway from the report is that consumer sentiment, while not strong, has improved in recent months along with inflation expectations.
| Category | JUL | JUN | MAY | APR | MAR |
| Sentiment | 61.8 | 60.7 | 52.2 | 52.2 | 57.0 |
| Outlook | 58.6 | 58.1 | 47.9 | 47.3 | 52.6 |
| Present conditions | 66.8 | 64.8 | 58.9 | 59.8 | 63.8 |
