The University of Michigan Current Economic Conditions in the United States decreased to 45.80 points in May 2026, a record low level, compared to a preliminary of 47.8 and 52.5 in the previous month. source: University of Michigan

Michigan Current Economic Conditions in the United States averaged 94.13 points from 1951 until 2026, reaching an all time high of 121.20 points in March of 2018 and a record low of 45.80 points in May of 2026. This page includes a chart with historical data for the United States Michigan Current Economic Conditions. United States Michigan Current Economic Conditions - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-08 02:00 PM
Michigan Current Conditions Prel
May 47.8 52.5 52 52
2026-05-22 02:00 PM
Michigan Current Conditions Final
May 45.8 52.5 47.9 47.8
2026-06-12 02:00 PM
Michigan Current Conditions Prel
Jun 45.8 46.2 45.9


Related Last Previous Unit Reference
Bank Lending Rate 6.75 6.75 percent May 2026
Chain Store Sales 759.59 655.06 USD Million Mar 2026
Michigan Consumer Sentiment 44.80 49.80 points May 2026
Consumer Credit Change 20.73 22.23 USD Billion Apr 2026
Consumer Spending 16723.30 16665.20 USD Billion Mar 2026
Credit Card Accounts 647.96 648.10 Million Mar 2026
Debt Balance Auto Loans 1.69 1.67 Trillion USD Mar 2026
Debt Balance Credit Cards 1.25 1.28 Trillion USD Mar 2026
Debt Balance Mortgages 13.19 13.17 Trillion USD Mar 2026
Debt Balance Student Loans 1.66 1.66 Trillion USD Mar 2026
Total Household Debt 18.79 18.78 USD Trillion Mar 2026
Disposable Personal Income 23472.20 23492.10 USD Billion Apr 2026
RCM/TIPP Economic Optimism Index 42.50 42.60 points Jun 2026
Gasoline Prices 1.18 1.08 USD/Liter May 2026
Households Debt to GDP 68.00 68.10 percent of GDP Sep 2025
Michigan Consumer Expectations 44.10 48.10 points May 2026
Michigan Current Conditions 45.80 52.50 points May 2026
Personal Income MoM 0.00 0.50 percent Apr 2026
Personal Savings 2.60 3.20 percent Apr 2026
Personal Spending MoM 0.50 1.00 percent Apr 2026
Private Sector Credit 13733.08 13624.95 USD Billion Apr 2026
Redbook YoY 9.10 9.00 percent Jun 2026
Retail Sales Ex Autos MoM 0.70 1.90 percent Apr 2026
Retail Sales Ex Gas/Autos MoM 0.50 0.70 percent Apr 2026
Retail Sales MoM 0.50 1.60 percent Apr 2026
Retail Sales YoY 4.90 4.20 percent Apr 2026
Used Car Prices MoM 0.30 -1.60 percent May 2026
Used Car Prices YoY 3.60 1.80 percent May 2026


United States Michigan Current Economic Conditions
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.
Actual Previous Highest Lowest Dates Unit Frequency
45.80 52.50 121.20 45.80 1951 - 2026 points Monthly
1966Q1=100, NSA