October Michigan Consumer Sentiment Revised Lower from Preliminary Print, Down From September

10:09 AM EDT, 10/24/2025 (MT Newswires) -- The University of Michigan consumer sentiment index for October was revised down Friday to 53.6 from the 55.0 print in the preliminary estimate, compared with expectations for a smaller downward revision to 54.5 in a survey compiled by Bloomberg.

That was below the final reading of 55.1 in September.

The current conditions index was revised down to 58.6 from a 61.0 preliminary estimate, now below the 60.4 reading in September, while the expectations index was revised down to 50.3 from 51.2. The index was 51.7 in September.

Respondents expected a 4.6% inflation rate over the next year, lower than 4.7% in the previous month, while annual inflation over the next five years is expected to be 3.9%, up from 3.7% in September.

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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