Michigan Consumer Expectations Index

The University of Michigan's Inflation Expectations gauge captures how much consumers anticipate prices will change over the coming 12 months. It comes out in two rounds—a preliminary release that tends to pack a bigger punch, followed by a revised update two weeks later.

STARTED - Friday 7 November 2025 15:00

The typical/expected impact on USD pairs is medium.

Previous
50.3
Forecast
-
Actual
49

Next event - Friday 28 November 2025 15:00

Previous
-
Forecast
-
Actual
-

The typical/expected impact on USD pairs is medium.

There is no forecast value for Michigan Consumer Expectations Index yet - check back for updates.

Trading range

Forecast history

The most recent announced value for Michigan Consumer Expectations Index was 49.

Past events

Date
Forecast
Actual
Friday 7 November 2025 15:00
-
49
Friday 24 October 2025 14:00
51.2
50.3
Friday 10 October 2025 14:00
-
51.2
Friday 26 September 2025 14:00
51.8
51.7
Friday 12 September 2025 14:00
54.9
51.8
Friday 29 August 2025 14:00
57.2
55.9
Friday 15 August 2025 14:00
56.5
57.2
Friday 1 August 2025 14:00
-
57.7
Friday 18 July 2025 14:00
-
58.6
Friday 27 June 2025 14:00
58.4
58.1
Friday 13 June 2025 14:00
-
58.4
Friday 30 May 2025 14:00
46.5
47.9
Friday 16 May 2025 14:00
48
46.5
Friday 25 April 2025 14:00
47.2
47.3
Friday 11 April 2025 14:00
50.8
47.2
Friday 28 March 2025 14:00
-
52.6
Friday 14 March 2025 14:00
-
54.2
Friday 21 February 2025 15:00
-
64
Friday 7 February 2025 15:00
-
70.2
Friday 24 January 2025 15:00
-
69.3
Friday 10 January 2025 15:00
-
70.2
Friday 20 December 2024 15:00
-
73.3
Friday 6 December 2024 15:00
-
71.6
Friday 22 November 2024 15:00
-
76.9
Friday 8 November 2024 15:00
-
78.5
Friday 25 October 2024 14:00
-
74.1
Friday 11 October 2024 14:00
-
72.9
Friday 27 September 2024 14:00
-
74.4
Friday 13 September 2024 14:00
-
73
Friday 30 August 2024 14:00
-
72.1
Friday 16 August 2024 14:00
-
72.1
Friday 26 July 2024 14:00
-
68.8
Friday 12 July 2024 14:00
-
67.2
Friday 28 June 2024 14:00
-
69.6
Friday 14 June 2024 14:00
-
67.6
Friday 24 May 2024 14:00
-
68.8
Friday 10 May 2024 14:00
-
66.5
Friday 26 April 2024 14:00
-
76
Friday 12 April 2024 14:00
-
77
Thursday 28 March 2024 14:00
-
77.4
Friday 15 March 2024 14:00
-
74.6
Friday 1 March 2024 15:00
-
75.2
Friday 16 February 2024 15:00
-
78.4
Friday 2 February 2024 15:00
-
77.1
Friday 19 January 2024 15:00
-
75.9
Friday 22 December 2023 15:00
-
67.4
Friday 8 December 2023 15:00
-
66.4
Wednesday 22 November 2023 15:00
-
56.8
Friday 10 November 2023 15:00
-
56.9
Friday 27 October 2023 14:00
-
59.3
Friday 13 October 2023 14:00
-
60.7
Friday 29 September 2023 14:00
-
66
Friday 15 September 2023 14:00
-
66.3
Friday 25 August 2023 14:00
-
65.5
Friday 11 August 2023 14:00
-
67.3
Friday 28 July 2023 14:00
-
68.3
Friday 14 July 2023 14:00
-
69.4
Friday 30 June 2023 14:00
-
61.5
Friday 16 June 2023 14:00
-
61.3
Friday 26 May 2023 14:00
-
55.4
Friday 12 May 2023 14:00
-
53.4
Friday 28 April 2023 14:00
-
60.5
Friday 14 April 2023 14:00
-
60.3
Friday 31 March 2023 14:00
-
59.2
Friday 17 March 2023 14:00
-
61.5
Friday 24 February 2023 15:00
-
64.7
Friday 10 February 2023 15:00
-
62.3
Friday 27 January 2023 15:00
-
62.7
Friday 13 January 2023 15:00
-
62
Friday 23 December 2022 15:00
-
59.9
Friday 9 December 2022 15:00
-
58.4
Wednesday 23 November 2022 15:00
-
55.6
Friday 11 November 2022 15:00
-
52.7

Economic context

Recent economic data has been broadly neutral for USD. Other recent announcements which may affect the market's interpretation of the next Michigan Consumer Expectations Index result:

PreviousLatest
Michigan Consumer Sentiment IndexBearish change53.650.3
UoM 1-year Consumer Inflation ExpectationsBullish change4.6%4.7%
UoM 5-year Consumer Inflation ExpectationBearish change3.9%3.6%
Challenger Job CutsBullish change54.064K153.074K
ISM Services Employment IndexBullish change47.248.2
ISM Services New Orders IndexBullish change50.456.2
ISM Services PMIBullish change5052.4
ISM Services Prices PaidBullish change69.470
ADP Employment ChangeBullish change-29K42K
ISM Manufacturing Employment IndexBullish change45.346
ISM Manufacturing New Orders IndexBullish change48.949.4
ISM Manufacturing PMIBearish change49.148.7
ISM Manufacturing Prices PaidBearish change61.958
Chicago PMIBullish change40.643.8
Fed Interest Rate DecisionBearish change4.25%4%
Pending Home Sales (MoM)Bearish change4.2%0%
Housing Price Index (MoM)Bullish change0%0.4%

About Michigan Consumer Expectations Index

Country:United States
Currency:USD
Source:University of Michigan
Category:Consumption
Frequency:Monthly
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