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United States Michigan Consumer Expectations

Michigan Consumer Expectations in the United States decreased to 56.30 points in May from 62.50 points in April of 2022. Michigan Consumer Expectations in the United States averaged 79.52 points from 1952 until 2022, reaching an all time high of 108.60 points in January of 2000 and a record low of 44.20 points in July of 1979. The Index of Consumer Expectations focuses on three areas: how consumers view prospects for their own financial situation, how they view prospects for the general economy over the near term, and their view of prospects for the economy over the long term. Each monthly survey contains approximately 50 core questions, each of which tracks a different aspect of consumer attitudes and expectations. The samples for the Surveys of Consumers are statistically designed to be representative of all American households, excluding those in Alaska and Hawaii. Each month, a minimum of 500 interviews are conducted by telephone. This page includes a chart with historical data for the United States Michigan Consumer Expectations.