The University of Michigan’s Index of Consumer Sentiment fell -5.7% MoM to 58.2 (vs 58.6 preliminary estimate) in the final August 2025 reading, though it remains about +11% above April–May levels but still -10% or more below readings from 6 and 12 months ago.

• The Current Economic Conditions index dropped -9.3% MoM to 61.7, up from the preliminary reading of 60.9.

• The Index of Consumer Expectations fell -3.1% MoM to 55.9, down from the preliminary reading of 57.2 and down -22.5% YoY.

• Buying conditions for durable goods fell to their lowest in a year, reflecting stronger price concerns.

• Current personal finances declined -7% MoM, also due to heightened worries about high prices.

• Expectations for business conditions and labor markets weakened further in August.

• Year-ahead inflation expectations rose to 4.8% (from 4.5% in July), with gains across most demographic groups.

• Long-run inflation expectations edged up to 3.5% (from 3.4%), ending a recent easing trend but still below spring highs.