Updated: 07-Nov-25 10:12 ET
Highlights
- The preliminary University of Michigan Consumer Sentiment reading for November fell to 50.3 (Briefing.com consensus: 54.0) from the final reading of 53.6 for October.
- In the same period a year ago, the index stood at 71.8.
- The Current Economic Conditions Index decreased to 52.3 from 58.6 in October. In the same period a year ago, the index stood at 63.9.
- The Index of Consumer Expectations slipped to 49.0 from the final reading of 50.3 for October. In the same period a year ago, the index stood at 63.9.
- Year-ahead inflation expectations increased to 4.7% from 4.6% in October.
- Long-run inflation expectations declined to 3.6% from 3.9% in October.
- The key takeaway from the report is that the decline in sentiment was widespread across the population, with one notable exception: consumers within the largest tercile of stock holdings.
| Category | NOV | OCT | SEP | AUG | JUL |
| Sentiment | 50.3 | 53.6 | 55.1 | 58.2 | 61.7 |
| Outlook | 49.0 | 50.3 | 51.7 | 55.9 | 57.7 |
| Present conditions | 52.3 | 58.6 | 60.4 | 61.7 | 68.0 |
