Survey - Preview - michigan 2025

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The consumer confidence index measures both Americans assessment of current economic conditions and their outlook for the next six months. The business group found that the measure of Americans short-term expectations for income, business and the job market fell 9.6 points to 65.2.
Consumer Confidence Index (CCI): lagging or leading? Most economists view the Consumer Confidence Indicator as a lagging indicator, which means that it follows or confirms economic trends.
This survey is required by Michigan law any time new parcels are created. Useful When Dividing a piece of property into multiple parcels; any time its desirable to have a copy of the survey entered into the public record, such as surveys done to help settle or prevent boundary disputes.
The University of Michigan Survey of Consumers for March posted a reading of 57.9, a 10.5% decline from February and below the Dow Jones consensus estimate for 63.2. The one-year inflation outlook spiked to 4.9%, the highest reading since November 2022.
The Boards expectations index, which measures consumers short-term outlook for the economy, dropped a marked 9.6 points to a reading of 65.2. That is well below the threshold of 80 that usually signals a recession ahead and the lowest level recorded in 12 years.
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The index is regarded as a forward-looking economic indicator and is closely followed by economists, analysts, government entities, business leaders, etc. Readings below 75 are considered moderately pessimistic, while readings above 125 are considered moderately optimistic.

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