Stats › Options, shorts and positioning › Consumer sentiment
US consumer sentiment fell to 44.8, a record low since 1978
Both sub indices are near the headline level, meaning consumers feel equally poor about today and about the year ahead. Source: University of Michigan via Advisor Perspectives, May 2026.
The University of Michigan asks American households how they feel about money each month. In May 2026 the index read 44.8, about half its long run average of 83.9 and the lowest since the series began in 1978. Spending held up anyway.
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