Updated: 11-Sep-26 10:14 ET

September Univ. of Michigan Consumer Sentiment - Prelim

Updated: 11-Sep-26 10:14 ET

Highlights

• The preliminary reading for the University of Michigan Consumer Sentiment Index for September sunk to 47.8 (Briefing.com consensus: 51.5) from 51.7 in August.
• In the same period a year ago, the index stood at 55.1.

Key Factors

• The Current Economic Conditions Index dropped to 50.9 from 51.9 in August. In the same period a year ago, the index stood at 60.4.
• The Index of Consumer Expectations fell to 45.8 from 51.5 in August. In the same period a year ago, the index stood at 51.7.
• Year-ahead inflation expectations jumped to 4.6% from 4.0% in August, hitting their highest level since June.
• Long-run inflation expectations moved up to 3.4% from 3.3% in August.

Big Picture

• The key takeaway from the report is the dour outlook embedded in the index of consumer expectations, which was plagued by a worsening outlook for personal finances and business conditions.

Category	SEP	AUG	JUL	JUN	MAY
Sentiment	47.8	51.7	55.2	49.5	44.8
Outlook	45.8	51.5	55.4	50.7	44.1
Present conditions	50.9	51.9	54.8	47.7	45.8