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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Michigan Consumer Expectations climbed to 49.3 in June 2026
FMPMonthlyReleased June 2026
US Michigan Consumer Expectations climbed to 49.3 in June 2026, up 5.2 from May's 44.1 reading. The print exceeded the 44.3 consensus by 5. Year-over-year, the indicator is down 9.1. Over the past 3 months, Michigan Consumer Expectations averaged 47.7, vs 55.38 in the prior 3-month window. The reading is in the 23rd percentile of the trailing 24-month range.
Latest Release
49.3
Actual
44.3
Consensus
44.1
Previous
Median Absolute Error
±0.83
across last 12 releases
Last Call
Jun 2026
Predicted: 42.65
Actual: 49.3
Error: -6.65
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.41 | INDEX | Bullish S&P 500 | → View |
| USD/CAD | ▼ Inverse | −0.31 | FOREX | Bearish USD | → View |
| NZD/USD | ▲ Direct | +0.26 | FOREX | Bullish NZD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Michigan Consumer Expectations (United States) was reported at 49.30 in June 2026. This beat the market consensus of 44.30 by 5.00. The reading rose from the previous value of 44.10. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 53.71, ranging from 44.10 to 58.60 across 19 releases.
WHY IT MATTERS
The trailing three releases averaged 48.37, down from the prior three at 55.77. Volatility over the past year (σ 3.60) is lower than the prior year (σ 10.21). In June readings over the past 3 years, Michigan Consumer Expectations has averaged 60.83.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish S&P 500). A secondary relationship exists with USD/CAD, negatively correlated (Bearish USD). Over the last 12 releases, the Sigmacast model's median absolute error is 0.83.
WHAT TO WATCH NEXT
Same-country events in the next 14 days include NY Empire State Manufacturing Index (Jun 15) and Industrial Production MoM (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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Michigan Consumer Expectations - US
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About Michigan Consumer Expectations — United States
DEFINITION
Index The Michigan Consumer Expectations Index is a widely recognized financial indicator that measures the future outlook of consumers in the state of Michigan. It provides valuable insights into the sentiment and confidence of consumers, which can have a significant impact on the overall economy. This index is based on a survey of households and is considered a reliable gauge of consumer spending and economic growth in the region. Investors, businesses, and policymakers often use this index to make informed decisions and assess the health of the Michigan economy.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 49.3, consensus 44.3. Prior reading (May 2026): 44.1. Before that (May 2026): 48.5.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bullish S&P 500, r=0.41) — a useful reference for index-focused traders.