University of Michigan Consumer Sentiment Index

Last updated: March 3, 2026

The University of Michigan’s Consumer Sentiment Index provides a month-to-month measurement of U.S. consumer confidence dating back to the mid-20th Century.

Line Graph: Current Monthly Index of Consumer Sentiment; refer to table 1

Current Monthly Index of Consumer Sentiment

Survey Date Index of Consumer Sentiment
January 2026 54.0
December 2025 52.9
November 2025 50.3
October 2025 53.6
September 2025 55.1
August 2025 58.2
July 2025 61.7
June 2025 60.7
May 2025 52.2
April 2025 52.2
March 2025 57.0
February 2025 64.7
January 2025 71.7

Line Graph: Yearly Index of Consumer Sentiment; refer to table 2

Yearly Index of Consumer Sentiment

Survey Date Index of Consumer Sentiment
2026* 54.0
2025 57.6
2024 72.5
2023 65.3
2022 59.0
2021 77.6
2020 81.6
2019 96.0
2018 98.4
2017 96.8
2016 91.9
2015 92.9
2014 84.1
2013 79.2
2012 76.6
2011 67.3
2010 71.8
2009 66.3
2008 63.7
2007 85.6
2006 87.3
2005 88.5
2004 95.2
2003 87.6
2002 89.6
2001 89.2
2000 107.6
1999 105.8
1998 104.6
1997 103.2
1996 93.6
1995 92.2
1994 92.3
1993 82.8
1992 77.3
1991 77.5
1990 81.6
1989 92.7
1988 93.7
1987 90.9
1986 94.8
1985 93.2
1984 97.5
1983 87.5
1982 68.0
1981 70.0
1980 64.5
1979 66.0
1978 79.4
1977 87.7
1976 86.0
1975 70.6
1974 64.6
1973 76.9
1972 93.2
1971 80.6
1970 75.8
1969 90.3
1968 94.2
1967 94.7
1966 97.0
1965 102.0
1964 99.6
1963 98.5
1962 99.7
1961 91.5

*Monthly average for the year-to-date. Line Graph: Quarterly Index of Consumer Sentiment, refer to table 3

Quarterly Index of Consumer Sentiment

Survey Date Index of Consumer Sentiment
2025 Q4 52.5
2025 Q3 58.3
2025 Q2 55.0
2025 Q1 64.5
2024 Q4 72.1
2024 Q3 68.1
2024 Q2 71.1
2024 Q1 78.4
2023 Q4 64.9
2023 Q3 69.6
2023 Q2 62.3
2023 Q1 64.6
2022 Q4 58.8
2022 Q3 56.1
2022 Q2 57.8
2022 Q1 63.1
2021 Q4 69.9
2021 Q3 74.8
2021 Q2 85.6
2021 Q1 80.2
2020 Q4 79.8
2020 Q3 75.6
2020 Q2 74.0
2020 Q1 96.4
2019 Q4 97.2
2019 Q3 93.8
2019 Q2 98.4
2019 Q1 94.5
2018 Q4 98.2
2018 Q3 98.1
2018 Q2 98.3
2018 Q1 98.9
2017 Q4 98.4
2017 Q3 95.1
2017 Q2 96.4
2017 Q1 97.2
2016 Q4 93.2
2016 Q3 90.3
2016 Q2 92.4
2016 Q1 91.5
2015 Q4 91.3
2015 Q3 90.8
2015 Q2 94.2
2015 Q1 95.5
2014 Q4 89.8
2014 Q3 83.0
2014 Q2 82.8
2014 Q1 80.9
2013 Q4 76.9
2013 Q3 81.6
2013 Q2 81.7
2013 Q1 76.7
2012 Q4 79.4
2012 Q3 75.0
2012 Q2 76.3
2012 Q1 75.5
2011 Q4 64.7
2011 Q3 59.5
2011 Q2 71.9
2011 Q1 73.1
2010 Q4 71.2
2010 Q3 68.3
2010 Q2 73.9
2010 Q1 73.9
2009 Q4 70.1
2009 Q3 68.4
2009 Q2 68.2
2009 Q1 58.3
2008 Q4 57.7
2008 Q3 64.8
2008 Q2 59.6
2008 Q1 72.9
2007 Q4 77.5
2007 Q3 85.8
2007 Q2 86.9
2007 Q1 92.2
2006 Q4 92.5
2006 Q3 84.0
2006 Q2 83.8
2006 Q1 88.9
2005 Q4 82.4
2005 Q3 87.4
2005 Q2 90.2
2005 Q1 94.1
2004 Q4 93.9
2004 Q3 95.6
2004 Q2 93.4
2004 Q1 98.1
2003 Q4 92.0
2003 Q3 89.3
2003 Q2 89.3
2003 Q1 80.0
2002 Q4 83.8
2002 Q3 87.3
2002 Q2 94.1
2002 Q1 93.1
2001 Q4 85.1
2001 Q3 88.5
2001 Q2 91.0
2001 Q1 92.3
2000 Q4 103.9
2000 Q3 107.5
2000 Q2 108.8
2000 Q1 110.1
1999 Q4 105.2
1999 Q3 105.9
1999 Q2 106.2
1999 Q1 105.9
1998 Q4 100.2
1998 Q3 103.5
1998 Q2 106.9
1998 Q1 107.8
1997 Q4 105.0
1997 Q3 105.8
1997 Q2 103.0
1997 Q1 99.0
1996 Q4 97.5
1996 Q3 94.9
1996 Q2 91.5
1996 Q1 90.5
1995 Q4 89.8
1995 Q3 93.1
1995 Q2 91.7
1995 Q1 94.3
1994 Q4 93.1
1994 Q3 90.7
1994 Q2 92.2
1994 Q1 93.0
1993 Q4 84.1
1993 Q3 77.4
1993 Q2 82.5
1993 Q1 87.3
1992 Q4 83.3
1992 Q3 76.1
1992 Q2 78.9
1992 Q1 70.7
1991 Q4 71.9
1991 Q3 82.6
1991 Q2 80.8
1991 Q1 74.8
1990 Q4 65.2
1990 Q3 79.1
1990 Q2 90.9
1990 Q1 91.3
1989 Q4 91.8
1989 Q3 92.5
1989 Q2 90.9
1989 Q1 95.9
1988 Q4 93.0
1988 Q3 96.0
1988 Q2 93.5
1988 Q1 92.3
1987 Q4 86.4
1987 Q3 93.9
1987 Q2 91.8
1987 Q1 90.5
1986 Q4 92.0
1986 Q3 94.9
1986 Q2 96.8
1986 Q1 95.5
1985 Q4 91.0
1985 Q3 92.8
1985 Q2 94.3
1985 Q1 94.5
1984 Q4 95.0
1984 Q3 98.9
1984 Q2 96.6
1984 Q1 99.5
1983 Q4 91.6
1983 Q3 91.2
1983 Q2 91.5
1983 Q1 75.0
1982 Q4 72.5
1982 Q3 66.7
1982 Q2 66.2
1982 Q1 66.6
1981 Q4 65.7
1981 Q3 74.8
1981 Q2 73.9
1981 Q1 68.3
1980 Q4 72.0
1980 Q3 67.8
1980 Q2 54.4
1980 Q1 63.9
1979 Q4 62.3
1979 Q3 63.7
1979 Q2 66.7
1979 Q1 71.9
1978 Q4 73.8
1978 Q3 80.0
1978 Q2 81.8
1978 Q1 82.6
1977 Q4 84.4
1977 Q3 89.0
1977 Q2 90.2
1977 Q1 87.1
1976 Q4 87.0
1976 Q3 89.7
1976 Q2 83.3
1976 Q1 84.6
1975 Q4 75.6
1975 Q3 75.7
1975 Q2 72.8
1975 Q1 57.6
1974 Q4 59.5
1974 Q3 64.4
1974 Q2 72.1
1974 Q1 61.8
1973 Q4 76.5
1973 Q3 72.0
1973 Q2 77.0
1973 Q1 81.9
1972 Q4 90.7
1972 Q3 95.2
1972 Q2 88.6
1972 Q1 92.8
1971 Q4 82.0
1971 Q3 82.1
1971 Q2 80.2
1971 Q1 78.1
1970 Q4 72.4
1970 Q3 77.6
1970 Q2 75.4
1970 Q1 78.1
1969 Q4 79.7
1969 Q3 86.4
1969 Q2 91.5
1969 Q1 98.2
1968 Q4 91.7
1968 Q3 92.4
1968 Q2 92.4
1968 Q1 97.2
1967 Q4 92.9
1967 Q3 97.0
1967 Q2 95.9
1967 Q1 94.1
1966 Q4 88.3
1966 Q3 91.2
1966 Q2 95.7
1966 Q1 100.0
1965 Q4 102.9
1965 Q3 103.4
1965 Q2 105.4
1965 Q1 102.0
1964 Q4 99.9
1964 Q3 100.6
1964 Q2 98.5
1964 Q1 99.5
1963 Q4 94.4
1963 Q3 96.4
1963 Q2 91.7
1963 Q1 98.4
1962 Q4 95.0
1962 Q3 91.6
1962 Q2 95.4
1962 Q1 99.9
1961 Q4 93.0
1961 Q3 99.2
1961 Q2 92.5
1961 Q1 91.6
1960 Q4 90.1
1960 Q3 97.2
1960 Q2 93.3
1960 Q1 100.0

Line Graph: Historical Monthly Index of Consumer Sentiment from November 1952 to August 2023

Historical Monthly Index of Consumer Sentiment

Survey Date Index of Consumer Sentiment
December 2024 74.0
November 2024 71.8
October 2024 70.5
September 2024 70.1
August 2024 67.9
July 2024 66.4
June 2024 68.2
May 2024 69.1
April 2024 77.2
March 2024 79.4
February 2024 76.9
January 2024 79.0
December 2023 69.7
November 2023 61.3
October 2023 63.8
September 2023 67.9
August 2023 69.4
July 2023 71.5
June 2023 64.2
May 2023 59.0
April 2023 63.7
March 2023 62.0
February 2023 66.9
January 2023 64.9
December 2022 59.7
November 2022 56.8
October 2022 59.9
September 2022 58.6
August 2022 58.2
July 2022 51.5
June 2022 50.0
May 2022 58.4
April 2022 65.2
March 2022 59.4
February 2022 62.8
January 2022 67.2
December 2021 70.6
November 2021 67.4
October 2021 71.7
September 2021 72.8
August 2021 70.3
July 2021 81.2
June 2021 85.5
May 2021 82.9
April 2021 88.3
March 2021 84.9
February 2021 76.8
January 2021 79.0
December 2020 80.7
November 2020 76.9
October 2020 81.8
September 2020 80.4
August 2020 74.1
July 2020 72.5
June 2020 78.1
May 2020 72.3
April 2020 71.8
March 2020 89.1
February 2020 101.0
January 2020 99.8
December 2019 99.3
November 2019 96.8
October 2019 95.5
September 2019 93.2
August 2019 89.8
July 2019 98.4
June 2019 98.2
May 2019 100.0
April 2019 97.2
March 2019 98.4
February 2019 93.8
January 2019 91.2
December 2018 98.3
November 2018 97.5
October 2018 98.6
September 2018 100.1
August 2018 96.2
July 2018 97.9
June 2018 98.2
May 2018 98.0
April 2018 98.8
March 2018 101.4
February 2018 99.7
January 2018 95.7
December 2017 95.9
November 2017 98.5
October 2017 100.7
September 2017 95.1
August 2017 96.8
July 2017 93.4
June 2017 95.0
May 2017 97.1
April 2017 97.0
March 2017 96.9
February 2017 96.3
January 2017 98.5
December 2016 98.2
November 2016 93.8
October 2016 87.2
September 2016 91.2
August 2016 89.8
July 2016 90.0
June 2016 93.5
May 2016 94.7
April 2016 89.0
March 2016 91.0
February 2016 91.7
January 2016 92.0
December 2015 92.6
November 2015 91.3
October 2015 90.0
September 2015 87.2
August 2015 91.9
July 2015 93.1
June 2015 96.1
May 2015 90.7
April 2015 95.9
March 2015 93.0
February 2015 95.4
January 2015 98.1
December 2014 93.6
November 2014 88.8
October 2014 86.9
September 2014 84.6
August 2014 82.5
July 2014 81.8
June 2014 82.5
May 2014 81.9
April 2014 84.1
March 2014 80.0
February 2014 81.6
January 2014 81.2
December 2013 82.5
November 2013 75.1
October 2013 73.2
September 2013 77.5
August 2013 82.1
July 2013 85.1
June 2013 84.1
May 2013 84.5
April 2013 76.4
March 2013 78.6
February 2013 77.6
January 2013 73.8
December 2012 72.9
November 2012 82.7
October 2012 82.6
September 2012 78.3
August 2012 74.3
July 2012 72.3
June 2012 73.2
May 2012 79.3
April 2012 76.4
March 2012 76.2
February 2012 75.3
January 2012 75.0
December 2011 69.9
November 2011 63.7
October 2011 60.8
September 2011 59.5
August 2011 55.8
July 2011 63.7
June 2011 71.5
May 2011 74.3
April 2011 69.8
March 2011 67.5
February 2011 77.5
January 2011 74.2
December 2010 74.5
November 2010 71.6
October 2010 67.7
September 2010 68.2
August 2010 68.9
July 2010 67.8
June 2010 76.0
May 2010 73.6
April 2010 72.2
March 2010 73.6
February 2010 73.6
January 2010 74.4
December 2009 72.5
November 2009 67.4
October 2009 70.6
September 2009 73.5
August 2009 65.7
July 2009 66.0
June 2009 70.8
May 2009 68.7
April 2009 65.1
March 2009 57.3
February 2009 56.3
January 2009 61.2
December 2008 60.1
November 2008 55.3
October 2008 57.6
September 2008 70.3
August 2008 63.0
July 2008 61.2
June 2008 56.4
May 2008 59.8
April 2008 62.6
March 2008 69.5
February 2008 70.8
January 2008 78.4
December 2007 75.5
November 2007 76.1
October 2007 80.9
September 2007 83.4
August 2007 83.4
July 2007 90.4
June 2007 85.3
May 2007 88.3
April 2007 87.1
March 2007 88.4
February 2007 91.3
January 2007 96.9
December 2006 91.7
November 2006 92.1
October 2006 93.6
September 2006 85.4
August 2006 82.0
July 2006 84.7
June 2006 84.9
May 2006 79.1
April 2006 87.4
March 2006 88.9
February 2006 86.7
January 2006 91.2
December 2005 91.5
November 2005 81.6
October 2005 74.2
September 2005 76.9
August 2005 89.1
July 2005 96.5
June 2005 96.0
May 2005 86.9
April 2005 87.7
March 2005 92.6
February 2005 94.1
January 2005 95.5
December 2004 97.1
November 2004 92.8
October 2004 91.7
September 2004 94.2
August 2004 95.9
July 2004 96.7
June 2004 95.6
May 2004 90.2
April 2004 94.2
March 2004 95.8
February 2004 94.4
January 2004 103.8
December 2003 92.6
November 2003 93.7
October 2003 89.6
September 2003 87.7
August 2003 89.3
July 2003 90.9
June 2003 89.7
May 2003 92.1
April 2003 86.0
March 2003 77.6
February 2003 79.9
January 2003 82.4
December 2002 86.7
November 2002 84.2
October 2002 80.6
September 2002 86.1
August 2002 87.6
July 2002 88.1
June 2002 92.4
May 2002 96.9
April 2002 93.0
March 2002 95.7
February 2002 90.7
January 2002 93.0
December 2001 88.8
November 2001 83.9
October 2001 82.7
September 2001 81.8
August 2001 91.5
July 2001 92.4
June 2001 92.6
May 2001 92.0
April 2001 88.4
March 2001 91.5
February 2001 90.6
January 2001 94.7
December 2000 98.4
November 2000 107.6
October 2000 105.8
September 2000 106.8
August 2000 107.3
July 2000 108.3
June 2000 106.4
May 2000 110.7
April 2000 109.2
March 2000 107.1
February 2000 111.3
January 2000 112.0
December 1999 105.4
November 1999 107.2
October 1999 103.2
September 1999 107.2
August 1999 104.5
July 1999 106.0
June 1999 107.3
May 1999 106.8
April 1999 104.6
March 1999 105.7
February 1999 108.1
January 1999 103.9
December 1998 100.5
November 1998 102.7
October 1998 97.4
September 1998 100.9
August 1998 104.4
July 1998 105.2
June 1998 105.6
May 1998 106.5
April 1998 108.7
March 1998 106.5
February 1998 110.4
January 1998 106.6
December 1997 102.1
November 1997 107.2
October 1997 105.6
September 1997 106.0
August 1997 104.4
July 1997 107.1
June 1997 104.5
May 1997 103.2
April 1997 101.4
March 1997 100.0
February 1997 99.7
January 1997 97.4
December 1996 96.9
November 1996 99.2
October 1996 96.5
September 1996 94.7
August 1996 95.3
July 1996 94.7
June 1996 92.4
May 1996 89.4
April 1996 92.7
March 1996 93.7
February 1996 88.5
January 1996 89.3
December 1995 91.0
November 1995 88.2
October 1995 90.2
September 1995 88.9
August 1995 96.2
July 1995 94.4
June 1995 92.7
May 1995 89.8
April 1995 92.5
March 1995 90.3
February 1995 95.1
January 1995 97.6
December 1994 95.1
November 1994 91.6
October 1994 92.7
September 1994 91.5
August 1994 91.7
July 1994 89.0
June 1994 91.2
May 1994 92.8
April 1994 92.6
March 1994 91.5
February 1994 93.2
January 1994 94.3
December 1993 88.2
November 1993 81.2
October 1993 82.7
September 1993 77.9
August 1993 77.3
July 1993 77.0
June 1993 81.5
May 1993 80.3
April 1993 85.6
March 1993 85.9
February 1993 86.6
January 1993 89.3
December 1992 91.0
November 1992 85.3
October 1992 73.3
September 1992 75.6
August 1992 76.1
July 1992 76.6
June 1992 80.4
May 1992 79.2
April 1992 77.2
March 1992 76.0
February 1992 68.8
January 1992 67.5
December 1991 68.2
November 1991 69.1
October 1991 78.3
September 1991 83.0
August 1991 82.0
July 1991 82.9
June 1991 82.1
May 1991 78.3
April 1991 81.8
March 1991 87.7
February 1991 70.4
January 1991 66.8
December 1990 65.5
November 1990 66.0
October 1990 63.9
September 1990 72.8
August 1990 76.4
July 1990 88.2
June 1990 88.3
May 1990 90.6
April 1990 93.9
March 1990 91.3
February 1990 89.5
January 1990 93.0
December 1989 90.5
November 1989 90.9
October 1989 93.9
September 1989 95.8
August 1989 89.6
July 1989 92.0
June 1989 90.6
May 1989 90.7
April 1989 91.5
March 1989 94.3
February 1989 95.4
January 1989 97.9
December 1988 91.9
November 1988 93.0
October 1988 94.1
September 1988 97.3
August 1988 97.4
July 1988 93.4
June 1988 94.7
May 1988 94.8
April 1988 91.2
March 1988 94.6
February 1988 91.6
January 1988 90.8
December 1987 86.8
November 1987 83.1
October 1987 89.3
September 1987 93.6
August 1987 94.4
July 1987 93.7
June 1987 91.5
May 1987 91.1
April 1987 92.8
March 1987 90.8
February 1987 90.2
January 1987 90.4
December 1986 89.1
November 1986 91.4
October 1986 95.6
September 1986 91.9
August 1986 94.9
July 1986 97.7
June 1986 99.3
May 1986 94.8
April 1986 96.2
March 1986 95.1
February 1986 95.9
January 1986 95.6
December 1985 93.9
November 1985 90.9
October 1985 88.4
September 1985 92.1
August 1985 92.4
July 1985 94.0
June 1985 96.5
May 1985 91.8
April 1985 94.6
March 1985 93.7
February 1985 93.7
January 1985 96.0
December 1984 92.9
November 1984 95.7
October 1984 96.3
September 1984 100.9
August 1984 99.1
July 1984 96.6
June 1984 95.5
May 1984 98.1
April 1984 96.1
March 1984 101.0
February 1984 97.4
January 1984 100.1
December 1983 94.2
November 1983 91.1
October 1983 89.3
September 1983 89.9
August 1983 90.9
July 1983 92.8
June 1983 92.2
May 1983 93.3
April 1983 89.1
March 1983 80.8
February 1983 74.6
January 1983 70.4
December 1982 71.9
November 1982 72.1
October 1982 73.4
September 1982 69.3
August 1982 65.4
July 1982 65.4
June 1982 65.7
May 1982 67.5
April 1982 65.5
March 1982 62.0
February 1982 66.5
January 1982 71.0
December 1981 64.3
November 1981 62.5
October 1981 70.3
September 1981 73.1
August 1981 77.2
July 1981 74.1
June 1981 73.1
May 1981 76.3
April 1981 72.4
March 1981 66.5
February 1981 66.9
January 1981 71.4
December 1980 64.5
November 1980 76.7
October 1980 75.0
September 1980 73.7
August 1980 67.3
July 1980 62.3
June 1980 58.7
May 1980 51.7
April 1980 52.7
March 1980 56.5
February 1980 66.9
January 1980 67.0
December 1979 61.0
November 1979 63.3
October 1979 62.1
September 1979 66.7
August 1979 64.5
July 1979 60.4
June 1979 65.8
May 1979 68.1
April 1979 66.0
March 1979 68.4
February 1979 73.9
January 1979 72.1
December 1978 66.1
November 1978 75.0
October 1978 79.3
September 1978 80.4
August 1978 78.4
July 1978 82.4
June 1978 80.0
May 1978 82.9
April 1978 81.6
March 1978 78.8
February 1978 84.3
January 1978 83.7
November 1977 84.4
August 1977 89.0
May 1977 90.2
February 1977 87.1
November 1976 87.0
August 1976 89.7
May 1976 83.3
February 1976 84.6
November 1975 75.6
August 1975 75.7
May 1975 72.8
February 1975 57.6
November 1974 59.5
August 1974 64.4
May 1974 72.1
February 1974 61.8
November 1973 76.5
August 1973 72.0
May 1973 77.0
February 1973 81.9
November 1972 90.7
August 1972 95.2
May 1972 88.6
February 1972 92.8
November 1971 82.0
August 1971 82.1
May 1971 80.2
February 1971 78.1
November 1970 72.4
August 1970 77.6
May 1970 75.4
February 1970 78.1
November 1969 79.7
August 1969 86.4
May 1969 91.5
February 1969 98.2
November 1968 91.7
August 1968 92.4
May 1968 92.4
February 1968 97.2
November 1967 92.9
August 1967 97.0
May 1967 95.9
February 1967 94.1
November 1966 88.3
August 1966 91.2
May 1966 95.7
February 1966 100.0
November 1965 102.9
August 1965 103.4
May 1965 105.4
February 1965 102.0
November 1964 99.9
August 1964 100.6
May 1964 98.5
February 1964 99.5
November 1963 94.4
August 1963 96.4
May 1963 91.7
February 1963 98.4
November 1962 95.0
August 1962 91.6
May 1962 95.4
February 1962 99.9
November 1961 93.0
August 1961 99.2
May 1961 92.5
February 1961 91.6
November 1960 90.1
August 1960 97.2
May 1960 93.3
February 1960 100.0
November 1959 93.8
May 1959 95.3
November 1958 90.8
May 1958 80.9
February 1958 78.5
November 1957 83.7
May 1957 92.9
November 1956 100.2
August 1956 99.9
May 1956 98.2
November 1955 99.7
May 1955 99.1
February 1955 95.9
November 1954 87.0
May 1954 82.9
February 1954 82.0
November 1953 80.7
August 1953 80.8
February 1953 90.7
November 1952 86.2

These data and insights were compiled by the Capital One Shopping team based on publicly available data.

Source

University of Michigan Survey Research Center, Surveys of Consumers