Updated: 01-Aug-25 10:35 ET
Highlights
- The final University of Michigan Consumer Sentiment Index for July dipped to 61.7 (Briefing.com consensus: 61.8) from the preliminary reading of 61.8. The final reading for June was 60.7.
- In the same period a year ago, the index stood at 66.4.
- The Current Economic Conditions Index improved to 68.0 from the preliminary reading of 66.8. The final reading for June was 64.8. In the same period a year ago, the index stood at 62.7.
- The Index of Consumer Expectations fell to 57.7 from the preliminary reading of 58.6. The final reading for June was 58.1. In the same period a year ago, the index stood at 68.8.
- Year-ahead inflation expectations edged up to 4.5% from the preliminary reading of 4.4%, but that was still nicely below the 5.0% reading for June.
- Long-run inflation expectations decreased to 3.4% from the preliminary reading of 3.6% and the final reading of 4.0% for June.
- The key takeaway from the report is that consumer sentiment, while not strong, has improved in recent months along with inflation expectations.
| Category | JUL | JUN | MAY | APR | MAR |
| Sentiment | 61.7 | 60.7 | 52.2 | 52.2 | 57.0 |
| Outlook | 57.7 | 58.1 | 47.9 | 47.3 | 52.6 |
| Present conditions | 68.0 | 64.8 | 58.9 | 59.8 | 63.8 |
