The University of Michigan Current Economic Conditions index in the United States was revised lower to 63.9 points in November 2024 from a preliminary of 64.4, and compared to 64.90 points in October. source: University of Michigan

Michigan Current Economic Conditions in the United States averaged 95.07 points from 1951 until 2024, reaching an all time high of 121.20 points in March of 2018 and a record low of 53.80 points in June of 2022. 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 November of 2024.




Calendar GMT Reference Actual Previous Consensus TEForecast
2024-11-08 03:00 PM Michigan Current Conditions Prel Nov 64.4 64.9 65.1
2024-11-22 03:00 PM Michigan Current Conditions Final Nov 63.9 64.9 64.4 64.4
2024-12-06 03:00 PM Michigan Current Conditions Prel Dec 63.9


Related Last Previous Unit Reference
Bank Lending Rate 8.00 8.00 percent Oct 2024
Chain Store Sales 2179.00 2262.00 USD Million Sep 2024
Michigan Consumer Sentiment 71.80 70.50 points Nov 2024
Consumer Credit Change 6.00 8.93 USD Billion Sep 2024
Consumer Spending 16111.70 15967.30 USD Billion Sep 2024
Credit Card Accounts 600.53 599.10 Million Sep 2024
Debt Balance Auto Loans 1.64 1.63 Trillion USD Sep 2024
Debt Balance Credit Cards 1.17 1.14 Trillion USD Sep 2024
Debt Balance Mortgages 12.59 12.52 Trillion USD Sep 2024
Debt Balance Student Loans 1.61 1.59 Trillion USD Sep 2024
Total Household Debt 17.90 17.80 USD Trillion Sep 2024
Disposable Personal Income 21855.80 21798.30 USD Billion Sep 2024
RCM/TIPP Economic Optimism Index 53.20 46.90 points Nov 2024
Gasoline Prices 0.83 0.85 USD/Liter Oct 2024
Households Debt to GDP 72.10 72.90 percent of GDP Mar 2024
Michigan Consumer Expectations 76.90 74.10 points Nov 2024
Michigan Current Conditions 63.90 64.90 points Nov 2024
Personal Income MoM 0.30 0.20 percent Sep 2024
Personal Savings 4.60 4.80 percent Sep 2024
Personal Spending MoM 0.50 0.20 percent Sep 2024
Private Sector Credit 12555.60 12485.00 USD Billion Oct 2024
Redbook YoY 5.10 4.80 percent Nov 2024
Retail Sales Ex Autos MoM 0.10 1.00 percent Oct 2024
Retail Sales Ex Gas/Autos MoM 0.10 1.20 percent Oct 2024
Retail Sales MoM 0.40 0.80 percent Oct 2024
Retail Sales YoY 2.80 2.00 percent Oct 2024
Used Car Prices MoM -0.10 -0.50 percent Oct 2024
Used Car Prices YoY -3.20 -5.30 percent Oct 2024

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
63.90 64.90 121.20 53.80 1951 - 2024 points Monthly
1966Q1=100, NSA