Consumer Confidence
University of Michigan consumer sentiment
44.8
▼ -15.95%
Very Pessimistic
Last Updated: May 1, 2026
Historical Data
About Consumer Confidence
Consumer Confidence from the University of Michigan measures how optimistic households feel about the economy and their personal finances. High confidence supports consumer spending, which drives roughly 70% of US GDP. Sharp drops in confidence have historically preceded recessions and market downturns.