ConsumerMonthly (Preliminary and Final)

SPY & Consumer Sentiment Index

A survey-based measure of consumer attitudes about the economy and personal finances.

SPY Price

$688.98

Consumer Sentiment Index

Last Data: Nov 2025
Last Release: Nov 21, 2025
Next Release: Jan 23, 2026
51.0
12-mo MA: 59.3

What It Measures

The University of Michigan Consumer Sentiment Index is based on monthly telephone surveys of approximately 500 households. Questions cover: - Personal financial situation (current and expected) - Business conditions (short-term and long-term) - Buying conditions for major household items The index is scaled so that 1966 = 100. Sub-indices track current conditions and expectations separately.

Why It Matters

**Leading Indicator**: Consumer sentiment often precedes changes in consumer spending. **Confidence Proxy**: Shows how optimistic or pessimistic consumers feel about the economy. **Inflation Expectations**: The survey includes questions about expected inflation, which the Fed monitors closely. **Recession Warning**: Sharp declines in sentiment have preceded economic downturns.

Key Levels

Above 100
Optimistic consumers
80-100
Moderate confidence
60-80
Pessimistic consumers
Below 60
Very pessimistic, recessionary readings

Data Sources

SPY: S&P 500 ETF daily OHLCV data (1993-02-02 to 2026-01-22)

Sentiment: UMCSENT - Consumer Sentiment Index from University of Michigan

Units: Index 1966:Q1=100, Not Seasonally Adjusted, Monthly