Updated: 28-Aug-26 10:27 ET
Highlights
- The final reading for the University of Michigan Consumer Sentiment Index for August increased to 51.7 (Briefing.com consensus: 51.0) from the preliminary reading of 51.0. The final reading for July was 55.2.
- In the same period a year ago, the index stood at 58.2.
- The Current Economic Conditions Index edged up to 51.9 from the preliminary reading of 51.8. The final reading for July was 54.8. In the same period a year ago, the index stood at 61.7.
- The Index of Consumer Expectations increased to 51.5 from the preliminary reading of 50.6. The final reading for July was 55.4. In the same period a year ago, the index stood at 55.9.
- Year-ahead inflation expectations dropped to 4.0% from the preliminary reading of 4.3%.
- Long-run inflation expectations held steady at 3.3% for the third straight month.
- The key takeaway from the report is that persistent inflation concerns are undercutting consumer sentiment.
| Category | AUG | JUL | JUN | MAY | APR |
| Sentiment | 51.7 | 55.2 | 49.5 | 44.8 | 49.8 |
| Outlook | 51.5 | 55.4 | 50.7 | 44.1 | 48.1 |
| Present conditions | 51.9 | 54.8 | 47.7 | 45.8 | 52.5 |
