Briefing.com: Mich Sentiment

Updated: 29-Aug-25 10:14 ET

August Univ. of Michigan Consumer Sentiment - Prelim

Updated: 29-Aug-25 10:14 ET

Highlights

The final University of Michigan Consumer Sentiment reading for August checked in at 58.2 (Briefing.com consensus: 58.6) versus the preliminary reading of 58.6 and the final reading of 61.7 for July.
In the same period a year ago, the index stood at 67.9.

Key Factors

The Current Economic Conditions Index increased to 61.7 from the preliminary reading of 60.9. The final reading for July was 68.0. In the same period a year ago, the index stood at 61.3.
The Index of Consumer Expectations slipped to 55.9 from the preliminary reading of 57.2. The final reading for July was 57.7. In the same period a year ago, the index stood at 72.1.
Year-ahead inflation expectations dipped to 4.8% from the preliminary reading of 4.9%. The final reading for July was 4.5%.
Long-run inflation expectations dropped to 3.5% from the preliminary reading of 3.9%. The final reading for July was 3.4%.

Big Picture

The key takeaway from the report is that perceptions about the economy slipped in many aspects, and the weaker sentiment was visible across groups by age, income, and stock wealth.