Consumer confidence · United States

United States Michigan Consumer Expectations Prel

The United States Michigan Consumer Expectations Prel measures how households in the United States feel about their finances, the economy and their plans for big purchases.

Importance
Medium
Released
Monthly
Next release
Currency
USD · US dollar
Central bank
The Federal Reserve
Moves
AUDUSD · EURUSD · GAUUSD · GBPUSD · NZDUSD · USDCAD · USDCHF · USDCNH

Latest figures

The latest release, for NOV, was published on 6 November 2026 and came in at 50.9. That is above the consensus of 49.5. It is up from 48.8 the time before.

A stronger figure than expected points to a healthier economy: it usually supports the US dollar and local stocks, and can push bond yields up.

Over the last 12 releases it ranged from 45.8 to 56.6, averaging 51.1. It has been rising for three releases in a row.

Dec 2025: 55.0Jan 2026: 55.0Feb 2026: 56.6Mar 2026: 54.1Apr 2026: 46.1May 2026: 48.5Jun 2026: 49.3Jul 2026: 54.0Aug 2026: 50.6Sep 2026: 45.8Oct 2026: 47.3Nov 2026: 50.9 Dec 2025Nov 2026
Actual results; the short line on a bar marks the consensus.
ReleasedForActualConsensusPrevious
6 Nov 2026NOV50.949.548.8
9 Oct 2026OCT47.345.946.3
11 Sep 2026SEP45.850.551.5
14 Aug 2026AUG50.655.255.4
17 Jul 2026JUL54.051.750.7
12 Jun 2026JUN49.344.344.1
8 May 2026MAY48.548.148.1
10 Apr 2026APR46.1–51.7
13 Mar 2026MAR54.1–56.6
6 Feb 2026FEB56.656.757.0
9 Jan 2026JAN55.0–54.6
5 Dec 2025DEC55.051.251.0

See it in the economic calendar →

Why it matters

Household spending is the largest part of most economies. Confidence surveys come out early in the month and help forecast spending; they also capture inflation worries and political shocks quickly.

How it is calculated

A representative sample of households answers questions on current and expected conditions; answers are combined into a balance (positive minus negative) or an index relative to a base year.

What changes mean

  • Confidence and actual spending often diverge in the short run; trends matter more than one month.
  • Sharp drops after shocks (energy prices, elections) tend to recover if jobs hold up.

Higher than expected: A stronger figure than expected points to a healthier economy: it usually supports the US dollar and local stocks, and can push bond yields up.

Lower than expected: A weaker figure than expected points to slowing activity: the US dollar tends to soften and markets price in lower rates.

A short history

George Katona started the University of Michigan's Surveys of Consumers in 1946; the European Commission and many national institutes run similar surveys today.

Questions

What is the United States Michigan Consumer Expectations Prel?

The United States Michigan Consumer Expectations Prel measures how households in the United States feel about their finances, the economy and their plans for big purchases.

What was the latest United States Michigan Consumer Expectations Prel?

50.9 for NOV, published on 6 November 2026 (consensus 49.5, previous 48.8).

When is the next United States Michigan Consumer Expectations Prel?

On Friday 4 December 2026 at 15:00 UTC.

Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.