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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Michigan Consumer Sentiment climbed to 48.9 in June 2026
FMPMonthlyReleased June 2026
US Michigan Consumer Sentiment climbed to 48.9 in June 2026, up 4.1 from May's 44.8 reading. The print exceeded the 46 consensus by 2.9. The print is running well below the 12-month average of 52.03. Over the past 3 months, Michigan Consumer Sentiment averaged 48.74, vs 55.26 in the prior 3-month window. The reading is in the 9th percentile of the trailing 24-month range.
Latest Release
48.9
Actual
46
Consensus
44.8
Previous
Median Absolute Error
±1.32
across last 12 releases
Last Call
Jun 2026
Predicted: 44.98
Actual: 48.9
Error: -3.92
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 |
|---|---|---|---|---|---|
| XAU/USD | ▲ Direct | +0.40 | COMMODITIES | Bullish XAU | → View |
| NZD/USD | ▲ Direct | +0.34 | FOREX | Bullish NZD | → View |
| AAPL | ▼ Inverse | −0.27 | STOCKS | Bearish AAPL | → View |
| USD/CAD | ▼ Inverse | −0.26 | FOREX | Bearish USD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Michigan Consumer Sentiment (United States) was reported at 48.90 in June 2026. This beat the market consensus of 46.00 by 2.90. The reading rose from the previous value of 44.80. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 55.14, ranging from 44.80 to 61.80 across 19 releases. This is classified as a high-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 49.00, down from the prior three at 56.47. Volatility over the past year (σ 4.14) is lower than the prior year (σ 7.54). In June readings over the past 3 years, Michigan Consumer Sentiment has averaged 61.74.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with XAU/USD (Bullish XAU). A secondary relationship exists with NZD/USD, positively correlated (Bullish NZD). Over the last 12 releases, the Sigmacast model's median absolute error is 1.32.
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 Sentiment - US
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About Michigan Consumer Sentiment — United States
DEFINITION
Index The Michigan Consumer Sentiment Index is a widely recognized economic indicator that measures the level of confidence and optimism among consumers in the state of Michigan. It is based on a monthly survey of households and provides valuable insights into consumer spending patterns and overall economic health. This index is closely monitored by economists, policymakers, and businesses as it can help predict future consumer behavior and market trends.
WHY THIS INDICATOR MATTERS
Sentiment surveys are forward-looking inputs that often lead hard data on output and hiring. Sharp swings can drive cross-asset repricing. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 48.9, consensus 46. Prior reading (May 2026): 44.8. Before that (May 2026): 48.2.
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 XAU/USD (Bullish XAU, r=0.40) — a useful reference for commodities-focused traders.