August Michigan Consumer Sentiment Revised Slightly Lower from Preliminary Print, Below July Reading

10:09 AM EDT, 08/29/2025 (MT Newswires) -- The University of Michigan consumer sentiment index was revised slightly lower Friday to a reading of 58.2 for August from the 58.6 print in the preliminary estimate, compared with expectations for no revision in a survey compiled by Bloomberg as of 7:10 am ET.

That was below the final reading of 61.7 in July.

The current conditions index was revised upwards to 61.7 from a 60.9 preliminary estimate but was still well below the 68.0 reading in July, while the expectations index was revised downwards to 55.9 from 57.2. The index was 57.7 in July.

Respondents expected a 4.8% inflation rate over the next year and 3.5% annual inflation over the next five years, up from 4.5% and 3.4% respectively in July.

The twice-monthly Michigan Sentiment index measures consumer sentiment early in the current month (the preliminary estimate) and is then revised later in the month (the final estimate).

The headline index is a combination of the current assessment and expectations for the near future. An increase in the reading suggests consumers are more confident, a positive for stocks if that confidence translates into spending. Increased demand is usually inflationary, a negative for bonds.

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