Updated: 09-Jan-26 10:15 ET
Highlights
- The preliminary University of Michigan Consumer Sentiment reading for January increased to 54.0 (Briefing.com consensus: 53.0) from the final reading of 52.9 for December.
- In the same period a year ago, the index stood at 71.7.
- The Current Economic Conditions Index rose to 52.4 from the final reading of 50.4 for December. In the same period a year ago, the index stood at 75.1.
- The Index of Consumer Expectations increased to 55.0 from the final reading of 54.6 for December. In the same period a year ago, the index stood at 69.5.
- Year-ahead inflation expectations held steady at 4.2%.
- Long-run inflation expectations ticked up to 3.4% from the final reading of 3.2% for December.
- The key takeaway from the report is that consumer sentiment, while improved a bit, is still guarded due to lingering concerns about high prices and softening labor markets.
| Category | JAN | DEC | NOV | OCT | SEP |
| Sentiment | 54.0 | 52.9 | 51.0 | 53.6 | 55.1 |
| Outlook | 55.0 | 54.6 | 51.0 | 50.3 | 51.7 |
| Present conditions | 52.4 | 50.4 | 51.1 | 58.6 | 60.4 |
