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Trade tensions, high prices and interest rates drive slip in consumers' outlook

Consumer sentiment fell by less than four index points in September, reaching its lowest reading in four months and down 15% from January 2026, according to the University of Michigan Surveys of Consumers.

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Consumer sentiment dropped by less than four index points in September, falling to its lowest level in four months and down 15 % from January 2026, the University of Michigan Surveys of Consumers reported. Views of current personal finances and expected finances a year ahead both weakened about 10 % this month. The decline was driven by rising concerns about high prices, which continued to climb during the period.

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