FX.co ★ Michigan Consumer Sentiment Revised Lower

The University of Michigan's consumer sentiment index for the United States was adjusted downward to 55.1 in September 2025, revised from a preliminary reading of 55.1 and down from 58.2 in August. This represented the second consecutive monthly decline, bringing sentiment to its lowest point since May. The expectation index was slightly lowered to 51.7 from 51.8, and the current conditions subindex adjusted downwards to 60.4 from 61.2. Inflation expectations were also revised, with the year-ahead forecast dropping to 4.7% from 4.8% and the five-year outlook decreasing to 3.7% from 3.9%. In September, consumer sentiment saw a widespread decline across various demographics, including age, income, and education groups, affecting all five components of the index. Notably, wealthier stockholders remained steady, and Democrats expressed more positive views, whereas independents and Republicans showed declining sentiment. The primary concerns highlighted were rising prices, weaker job markets, and a softer outlook for personal finances, with 44% of respondents citing price pressures as a significant issue.