US UMich final September consumer sentiment 55.1 vs 55.4 expected | Metals Mine

  • US UMich final September consumer sentiment 55.1 vs 55.4 expected

    From investinglive.com

    US consumer sentiment data for September • Prelim was 55.4 • Prior was 58.2 • Current conditions 60.4 vs 61.2 prelim • Expectations 51.7 vs 51.8 prelim • 1 year inflation 4.7% vs 4.8% prelim • 5 year inflation 3.7% vs 3.9% prelim. This is a dovish bent but the UMich survey is rarely a market mover these days accounting to extreme politicization in the survey responses.

Added at 9:10am

  • Consumer sentiment is back to near-record lows. But Americans are still spending. Here’s why

    From cnn.com

    Americans are souring on the economy again to levels seen rarely in the post-World War II era, raising the question of what it means for spending, economic growth and other key metrics gauging the world’s largest economy. Consumer sentiment fell this month to a final reading of 55.1, the University of Michigan said in its latest survey released Friday. The reading was the seventh-lowest on records going back to 1952. Americans are growing pessimistic for the same reason they did so just a few months ago; fears of higher inflation, which could worsen because of President Donald Trump’s aggressive trade policy. On ... (full story)

Comment Options
ffghost
Sep 26, 2025 11:13am
Permalink
Quoting DuranDuran
Shocking that the monthly D +70 UMich poll says the economy is failing again. GDP was +3.8% last quarter but these people would have you believe we’re in a recession. Have we reached the 8% inflation they were predicting 3 months ago yet?
If I had to guess, the higher income people are keeping the economy up while the lower income folks are keeping the survey numbers skewed down. There is no question things cost more and continue to go up. However, that affects the wealthy much less (especially with the market at highs) than those living kay check to pay check with zero assets.

The article suggests a similar opinion: "
Higher-income Americans continue to spend
Americans with higher incomes continue to power the US economy while low- and middle-income households remain strained by the higher cost of living. That divergence is also becoming evident in sentiment surveys."

As for that ridiculously high 8.9% expectation figure from that previous survey, it further highlights the ludicrous nature of these survey participants. They don't understand inflation nor do they have a concept of percentages (apparently). For a reading to be that high, it means someone sane, who might have reasonably predicted 4% would need to be offset by someone honestly predicting 14% (which is insanity).
Reply
DuranDuran
Sep 26, 2025 9:27am
Permalink
Shocking that the monthly D +70 UMich poll says the economy is failing again. GDP was +3.8% last quarter but these people would have you believe we’re in a recession. Have we reached the 8% inflation they were predicting 3 months ago yet?
Reply
  • Story Stats

  • Related Stories