University of Michigan announced the Preliminary Consumer Confidence Index from the University of Michigan for May in the United States on 2025-05-16. The reported figure stands at 50.8, against a forecast of 53.4, with the prior figure recorded as 52.2.
Regarding the Preliminary Consumer Confidence Index from the University of Michigan for May in the United States, The Consumer Confidence Index is composed of the Current Conditions Index and the Expectations Index. The Current Conditions Index refers to consumers' evaluation of the current economic situation, while the Expectations Index refers to consumers' expectations of changes in the future economic situation.
This data holds an importance level of , calculated using Researchers at the University of Michigan in the United States used original survey data from 500 to 600 adults to calculate seasonally adjusted consumer confidence, current conditions index (including financial situation and purchasing conditions), and expectations index (including expected financial situation and economic conditions for the next year and five years). Respondents' answers to the questions were categorized as "positive" or "negative" and counted, and then the average was used to calculate the consumer confidence index value. For the purpose of index calculation, the researchers set the results of the first quarter of 1966 as 100, and updates Announced on the 10th of each month (unless it falls on a weekend).
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