Updated: 23-Jan-26 10:21 ET
Highlights
- The preliminary final University of Michigan Consumer Sentiment reading for January increased to 56.0 (Briefing.com consensus: 54.0) from the preliminary reading of 54.0 and 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 jumped to 55.4 from the preliminary reading of 52.4 and 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 57.0 from the preliminary reading of 55.0 and 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 dropped to 4.0% from the preliminary reading of 4.2%, hitting its lowest level since January 2025.
- Long-run inflation expectations ticked down to 3.3% from the preliminary reading of 3.4% but were slightly ahead of 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 | 56.4 | 52.9 | 51.0 | 53.6 | 55.1 |
| Outlook | 57.0 | 54.6 | 51.0 | 50.3 | 51.7 |
| Present conditions | 55.4 | 50.4 | 51.1 | 58.6 | 60.4 |
