Briefing.com: Mich Sentiment

Updated: 24-Oct-25 10:20 ET

October Univ. of Michigan Consumer Sentiment - Prelim

Updated: 24-Oct-25 10:20 ET

Highlights

The final University of Michigan Consumer Sentiment reading for October hit 53.6 (Briefing.com consensus 55.0) versus the preliminary reading of 55.0 and the final reading of 55.1 for September.
In the same period a year ago, the index stood at 70.5.

Key Factors

The Current Economic Conditions Index decreased to 58.6 from the preliminary reading of 61.0. The final reading for September was 60.4. In the same period a year ago, the index stood at 64.9.
The Index of Consumer Expectations slipped to 50.3 from the preliminary reading of 51.2. The final reading for September was 51.7. In the same period a year ago, the index stood at 74.1.
Year-ahead inflation expectations were unchanged from the preliminary reading of 4.6%, but they were down slightly from 4.7% in September.
Long-run inflation expectations remained at 3.9%, unchanged from the preliminary reading, but up from the final September reading of 3.7%.

Big Picture

The key takeaway from the report is that the overall sentiment has remained pressured for the third month in a row amid persistently high inflation expectations.