University of Michigan: consumer sentiment slips to 51.0

Friday, November 21, 2025 at 13:00 UTC+01:00 (+0100), United States, Ann Arbor, Michigan (survey release)

News category : Macroeconomic Events

The University of Michigan released its final November survey showing the Index of Consumer Sentiment at 51.0, down notably from October’s readings and hovering near its recent troughs. Households reported strain from elevated prices and concern about incomes; measures of current conditions deteriorated while longer-run inflation expectations eased only modestly. The print reinforced evidence of consumer caution and reduced the near-term growth outlook that many forecasters use when modelling retail sales and services demand. Market participants interpreted the result as a signal that consumer spending—an important growth engine—may be softer than previously assumed, which in turn pressures revenue forecasts for retailers and consumer discretionary firms.

Overall market impact

Mild bearish market impact - strength score : 72/100

Detailed breakdown of market impact over instruments, sectors, and asset classes

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Impacted instruments :

US consumer-centric equities

Retail sector stocks

Consumer discretionary ETFs

US GDP growth expectations

USD FX pairs

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