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Consumer sentiment

University of Michigan Consumer Sentiment — October 2026

Released October 23, 2026 · University of Michigan · full release · charts & history on EconomicsGuru
Consumer sentiment index fell by 0.1 pts in October 2026 to 48.0, −5.6 pts from a year ago. Prior month: 48.1. Prior periods were revised in 2 series — figures below reflect that.
Sentiment
48.0
▼ −0.1 pts m/m
· −5.6 pts y/y
1-yr inflation exp.
4.7%
▲ +0.1 pp m/m
· +0.1 pp y/y

Revision check

REVISIONS DETECTED (2) — since first published. Every change below is calculated on the revised figures.
Inflation expectations, next 12 months · August 20264.0%→4.3%▲ +0.3 pp
Consumer sentiment index · August 202651.7→51.0▼ −0.7 pts

Key figures

Headline →October 2026September 2026M/M chgM/M %Y/Y chgY/Y %12-period trend
Consumer sentiment indexREVISED
1966 Q1=100, NSA
48.048.1▼ −0.1 pts▼ −0.2%▼ −5.6 pts▼ −10.4%
 
 
 
 
 
 
 
 
 
 
 
 
 
Inflation expectations, next 12 monthsREVISED4.7%4.6%▲ +0.1 pp—▲ +0.1 pp—
 
 
 
 
 
 
 
 
 
 
 
 
 
Trend bars show the level over the last 13 periods; the latest period is highlighted.

What stood out

  • Consumer sentiment index: 3 straight months of decline.
  • Inflation expectations, next 12 months: 3 straight months of increase.
  • Current economic conditions: 3 straight months of decline.

Full detail

Show every category and subcategory
Full detail — components (hand-entered) →October 2026September 2026M/M chgM/M %Y/Y chgY/Y %
Current economic conditions46.750.9▼ −4.2 pts▼ −8.3%▼ −11.9 pts▼ −20.3%
Index of consumer expectations48.846.3▲ +2.5 pts▲ +5.4%▼ −1.5 pts▼ −3.0%
Inflation expectations, 5-10 years3.5%3.4%▲ +0.1 pp—▪ ——

Sources

Economic Impact Group, LLC
Economic research for developing communities
Prepared 2026-10-23 14:16 UTC. Green marks an increase, red a decrease — direction only, not good or bad.