Michigan Consumer Sentiment Index

(redirected from University of Michigan Survey of Consumers)

Michigan Consumer Sentiment Index

An index on the level of consumer confidence in the United States. It takes the form of a survey conducted by the University of Michigan. It is published each month. A rising index indicates rising confidence while a falling index indicates the opposite.
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References in periodicals archive ?
For survey expectations we consider the University of Michigan Survey of Consumers (UM Survey) and the Federal Reserve Bank of Philadelphia's Survey of Professional Forecasters (SPF).
Finally, the University of Michigan survey of consumers showed that the preliminary reading of the index of confidence for August fell to 63.2 from 66.0 in July.The Inflation ReportThe cost of living in the US was unchanged in July; consumer prices were flat compared to June, but fell over the past 12 months by the most since 1950.
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