University of Michigan United States Current Conditions

Country:
United States
USD, US dollar
Sector:
Consumer
Low 115.2 117.2
112.3
Last release Importance Actual Forecast
Previous
117.1
115.2
Next release Actual Forecast
Previous
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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
Dec 2018 prelim.
115.2
117.2
112.3
Nov 2018
112.3
117.2
113.2
Nov 2018 prelim.
113.2
117.2
113.1
Oct 2018
113.1
117.2
114.4
Oct 2018 prelim.
114.4
118.7
115.2
Sep 2018
115.2
113.1
116.1
Sep 2018 prelim.
116.1
112.4
110.3
Aug 2018
110.3
113.6
107.8
Aug 2018 prelim.
107.8
114.5
114.4
Jul 2018
114.4
116.1
113.9
Jul 2018 prelim.
113.9
116.8
116.5
Jun 2018
116.5
117.2
117.9
Jun 2018 prelim.
117.9
115.1
111.8
May 2018
111.8
112.9
113.3
May 2018 prelim.
113.3
112.4
114.9
Apr 2018
114.9
112
115
Apr 2018 prelim.
115
127
121.2
Mar 2018
121.2
125.6
122.8
Mar 2018 prelim.
122.8
111.3
114.9
Feb 2018
114.9
117.5
115.1
Feb 2018 prelim.
115.1
109.7
110.5
Jan 2018
110.5
108.7
109.2
Jan 2018 prelim.
109.2
115.8
113.8
Dec 2017
113.8
116.7
115.9
Dec 2017 prelim.
115.9
110.9
113.5
Nov 2017
113.5
113.9
113.6
Nov 2017 prelim.
113.6
118.8
116.5
Oct 2017
116.5
116.7
116.4
Oct 2017 prelim.
116.4
113.3
111.7
Sep 2017
111.7
114.4
113.9
Sep 2017 prelim.
113.9
111.1
110.9
Aug 2017
110.9
110.2
111
Aug 2017 prelim.
111
113.9
113.4
Jul 2017
113.4
113.2
Jul 2017 prelim.
113.2
112.5
Jun 2017
112.5
109.6
Jun 2017 prelim.
109.6
111.7
May 2017
111.7
112.7
May 2017 prelim.
112.7
112.7
Apr 2017
112.7
115.2
Apr 2017 prelim.
115.2
113.2
Mar 2017
113.2
114.5
Mar 2017 prelim.
114.5
111.5
Feb 2017
111.5
111.2
Feb 2017 prelim.
111.2
111.3
Jan 2017
111.3
112.5
Jan 2017 prelim.
112.5
111.9
Dec 2016
111.9
112.1
Dec 2016 prelim.
112.1
107.3
Nov 2016
107.3
105.9

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