US Consumer Confidence
Last updated:
Source: FRED / University of Michigan Surveys of Consumers UMCSENT transformed by subtracting 1995-2019 average for comparability.
Source description: Monthly consumer confidence indicator (balance) based on FRED UMCSENT.
Table ID: macro_economics/consumer/us_consumer_confidence
This indicator presents the monthly consumer sentiment index for the United States. The series captures households’ views on their current financial situation, expectations for the broader economy, and intentions regarding major purchases.
Market Context
Consumer sentiment is widely used as a leading signal of household spending behaviour. When confidence strengthens, consumers are generally more willing to make larger purchases, while weaker sentiment can indicate a more cautious spending environment. Because furniture purchases are often discretionary and linked to household confidence, movements in this indicator can provide early signals about demand conditions in furniture and home-related markets. Related indicators include the US Housing Market Activity, which reflects developments in the US housing market.
