University of Michigan United States Current Conditions

Country:
United States
USD, US dollar
Sector:
Consumer
Low 83 76.3
74.3
Last release Importance Actual Forecast
Previous
83
83
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
May 2020 prelim.
83
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
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
110
May 2019
110
112.4
112.4
May 2019 prelim.
112.4
112.3
112.3
Apr 2019
112.3
114.2
114.2
Apr 2019 prelim.
114.2
113.3
113.3
Mar 2019
113.3
111.2
111.2
Mar 2019 prelim.
111.2
114.6
108.5
Feb 2019
108.5
110
110
Feb 2019 prelim.
110
116.6
108.8
Jan 2019
108.8
110
110
Jan 2019 prelim.
110
116.8
116.1
Dec 2018
116.1
117.1
115.2
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

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