Updated: 12-Sep-25 10:15 ET

September Univ. of Michigan Consumer Sentiment - Prelim

Updated: 12-Sep-25 10:15 ET

Highlights

• The preliminary University of Michigan Consumer Sentiment reading for September checked in at 55.4 (Briefing.com consensus: 59.2) versus the final reading of 58.2 for August.
• In the same period a year ago, the index stood at 70.1.

Key Factors

• The Current Economic Conditions Index dipped to 61.2 from the final reading of 61.7 for August. In the same period a year ago, the index stood at 63.3.
• The Index of Consumer Expectations dropped to 51.8 from the final reading of 55.9 for August. In the same period a year ago, the index stood at 74.4.
• Year-ahead inflation expectations held steady at 4.8%.
• Long-run inflation expectations jumped to 3.9% from the final reading of 3.5% for August.

Big Picture

• The key takeaway from the report is that the pullback in consumer sentiment was paced by fading economic views among lower-income and middle-income consumers.

Category	SEP	AUG	JUL	JUN	MAY
Sentiment	55.4	58.2	61.7	60.7	52.2
Outlook	51.8	55.9	57.7	58.1	47.9
Present conditions	61.2	61.7	68.0	64.8	58.9