kitegraph
API access is included on the Professional and Business plans

US consumer sentiment, 1952 to 2026

US consumer sentiment, quarterly, from the University of Michigan Surveys of Consumers via FRED. · updated Jul 2026

About this statistic

US consumer sentiment stood at 45 in 2026, down 10.0% on the previous period.

The latest reading is an index level of 44.8, for May 2026, against an index level of 49.8 in April 2026. The series is quarterly (FRED series UMCSENT) and runs from November 1952.

How it is measured

The University of Michigan's consumer sentiment index, from monthly interviews asking households about their finances and the economy ahead, indexed so 1966 = 100. It measures the mood that spending decisions get made in. The data reaches us through FRED, the Federal Reserve Bank of St. Louis's data service, and originates with the University of Michigan Surveys of Consumers.

What the curve shows

Sentiment has run between 44.8 (May 2026) and 112 (January 2000) over the window. The index falls with inflation and unemployment and rises with recoveries; its sharpest modern low came not in a recession but in the 2022 inflation wave, a reminder that prices wound moods deeper than joblessness statistics suggest.

Frequently asked questions
Does sentiment predict spending?
Loosely. Households often say one thing and spend another, but turning points in sentiment have real signal, and the inflation-expectation questions inside the survey are watched by the Fed itself.
Why has sentiment detached from economic data at times?
Because it measures perception: inflation, politics, and news cycles move it even when employment is strong. The gap between sentiment and hard data is itself studied as a phenomenon.
Other statistics on this topicAll Finance & markets statistics →

Make this chart yours.

Open it in the editor with the data already loaded. Brand it, animate it, embed it.

US consumer sentiment — Kitegraph