Updated: 10-Oct-25 10:11 ET
Highlights
- The preliminary University of Michigan Consumer Sentiment reading for October checked in at 55.0 (Briefing.com consensus: 54.5) versus the final reading of 55.1 for September.
- In the same period a year ago, the index stood at 70.5.
- The Current Economic Conditions Index rose to 61.0 from the final reading of 60.4 for September. In the same period a year ago, the index stood at 64.9.
- The Index of Consumer Expectations dipped to 51.2 from the final reading of 51.7 for September. In the same period a year ago, the index stood at 74.1.
- Year-ahead inflation expectations slipped to 4.6% from the final reading of 4.7% for September.
- Long-run inflation expectations held steady at 3.7%.
- The key takeaway from the report is that consumers are not expecting any meaningful improvement in prices or job prospects, a view that could potentially crimp their discretionary spending activity.
| Category | OCT | SEP | AUG | JUL | JUN |
| Sentiment | 55.0 | 55.1 | 58.2 | 61.7 | 60.7 |
| Outlook | 51.2 | 51.7 | 55.9 | 57.7 | 58.1 |
| Present conditions | 61.0 | 60.4 | 61.7 | 68.0 | 64.8 |
