University of Michigan United States Current Conditions

Country:
United States
USD, US dollar
Sector:
Consumer
Low 90.6 90.1
89.4
Last release Importance Actual Forecast
Previous
90.6
90.6
Next release Actual Forecast
Previous
  • Overview
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University of Michigan Current Conditions show how US consumers assess current economic conditions in the country. The index is calculated monthly based on a telephone survey of at least 500 US households, which the University of Michigan conducts to calculate five different indices, including this one.

Respondents are polled to answer various questions, including the following ones:

  • Whether their families' financial conditions have become better or worse than a year ago
  • Whether it is a good time to purchase large household items and make other large purchases

Answers to these are calculated as follows: the percentage of negative values is subtracted from positive ones, and 100 is added to the resulting value. The resulting values ​​are added up and divided by 2.6424 (the value for the base period), after which 2 (the correction constant for the sample composition) is added to the resulting figure.

The University of Michigan Current Conditions index allows evaluating near-term outlook for the consumer demand, inflation and economic growth. Higher readings indicate that US households spend money, demand increases, consumer activity expands and pushes forward both inflation and the entire national economy. On the contrary, a fall in the index can become a leading indicator of economic slowdown.

Index growth can have a positive effect on USD quotes.

Last values:

actual data

forecast

The chart of the entire available history of the "University of Michigan United States Current Conditions" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Jun 2021 prelim.
90.6
90.1
89.4
May 2021
89.4
90.8
90.8
May 2021 prelim.
90.8
97.2
97.2
Apr 2021
97.2
97.2
97.2
Apr 2021 prelim.
97.2
92.3
93.0
Mar 2021
93.0
91.5
91.5
Mar 2021 prelim.
91.5
86.2
86.2
Feb 2021
86.2
86.2
86.2
Feb 2021 prelim.
86.2
87.2
86.7
Jan 2021
86.7
87.7
87.7
Jan 2021 prelim.
87.7
90.9
90.0
Dec 2020
90.0
91.8
91.8
Dec 2020 prelim.
91.8
86.4
87.0
Nov 2020
87.0
85.8
85.8
Nov 2020 prelim.
85.8
85.4
85.9
Oct 2020
85.9
84.9
84.9
Oct 2020 prelim.
84.9
87.6
87.8
Sep 2020
87.8
87.5
87.5
Sep 2020 prelim.
87.5
82.7
82.9
Aug 2020
82.9
82.5
82.5
Aug 2020 prelim.
82.5
83.5
82.8
Jul 2020
82.8
84.2
84.2
Jul 2020 prelim.
84.2
87.4
87.1
Jun 2020
87.1
87.8
87.8
Jun 2020 prelim.
87.8
103.4
82.3
May 2020
82.3
83.0
83.0
May 2020 prelim.
83.0
76.3
74.3
Apr 2020
74.3
72.4
72.4
Apr 2020 prelim.
72.4
106.1
103.7
Mar 2020
103.7
112.5
112.5
Mar 2020 prelim.
112.5
114.7
114.8
Feb 2020
114.8
113.8
113.8
Feb 2020 prelim.
113.8
113.2
114.4
Jan 2020
114.4
115.8
115.8
Jan 2020 prelim.
115.8
117.0
115.5
Dec 2019
115.5
115.2
115.2
Dec 2019 prelim.
115.2
108.6
111.6
Nov 2019
111.6
110.9
110.9
Nov 2019 prelim.
110.9
113.7
113.2
Oct 2019
113.2
113.4
113.4
Oct 2019 prelim.
113.4
110.2
108.5
Sep 2019
108.5
106.9
106.9
Sep 2019 prelim.
106.9
106.3
105.3
Aug 2019
105.3
107.4
107.4
Aug 2019 prelim.
107.4
110.9
110.7
Jul 2019
110.7
111.1
111.1
Jul 2019 prelim.
111.1
113.6
111.9
Jun 2019
111.9
112.5
112.5
Jun 2019 prelim.
112.5
110.0
110.0
May 2019
110.0
112.4
112.4

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