United States University of Michigan Consumer Sentiment

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United States University of Michigan Consumer Sentiment: 69.1 (-10.49%)
Last Update: May 31, 2024

United States University of Michigan Consumer Sentiment closed down 69.1 as of May 31, 2024 from 77.2 from the previous month and 59.2 from last year.


United States University of Michigan Consumer Sentiment Analytics & Data




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United States University of Michigan Consumer Sentiment closing prices of the last 24 values are displayed below. Sign up free to download the full historical data series using MacroVar Web/Excel or API.

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United States University of Michigan Consumer Sentiment

DateValues
2024-05-31 69.1
2024-04-30 77.2
2024-03-31 79.4
2024-02-28 76.9
2024-01-31 79
2023-12-31 69.7
2023-11-30 61.3
2023-10-31 63.8
2023-09-30 68.1
2023-08-31 69.5
2023-07-31 71.6
2023-06-30 64.4
2023-05-30 59.2
2023-04-30 63.5
2023-03-31 62
2023-02-28 67
2023-01-31 64.9
2022-12-31 59.7
2022-11-30 56.8
2022-10-31 59.9
2022-09-30 58.6
2022-08-31 58.2
2022-07-31 51.5
2022-06-30 50

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United States University of Michigan Consumer Sentiment Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
University of Michigan Consumer Sentimentus.uomconf69.177.2-1017DownUP882024-05-31

United States University of Michigan Consumer Sentiment Factors

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United States University of Michigan Consumer Sentiment Historical Data

The MacroVar database offers free access to historical data for the United States University of Michigan Consumer Sentiment, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of United States University of Michigan Consumer Sentiment data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the United States University of Michigan Consumer Sentiment

The University of Michigan Consumer Sentiment Index is a widely recognized and closely watched indicator of consumer confidence in the United States. The index is based on surveys conducted with consumers regarding their attitudes and expectations about the economy. A high level of consumer sentiment typically indicates that consumers are optimistic about the economy and their own financial situations, which can lead to increased spending and economic growth. Conversely, a low level of consumer sentiment may suggest that consumers are feeling cautious or pessimistic, which could result in decreased spending and slower economic growth. Policymakers and analysts use the University of Michigan Consumer Sentiment Index to gauge the overall health of the economy and make informed decisions about monetary and fiscal policies.