U.Mich. Sentiment Down (Again)
Preliminary at 46.3
The preliminary U.S. Michigan economic sentiment index decreased to 46.3, falling below both the 47.5 Bloomberg consensus and current conditions, according to adjusted data from the Cummings-Tedeschi series. The index, which has been standardized for comparison, shows a downward trend from January 2021 to February 2025, with notable dips aligned with significant events such as "Liberation Day" and the onset of the US-Iran conflict.
The figure illustrates the U.Mich. sentiment index, along with the Conference Board Confidence Index and Gallup Confidence, all adjusted and scaled for easy visual comparison, highlighting the sentiment's relative decline despite differing indicators.
Written by urgent.news from Econbrowser's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.