Final Results for July 2026
| Jul | Jun | Jul | M-M | Y-Y | |
| 2026 | 2026 | 2025 | Change | Change | |
| Index of Consumer Sentiment | 55.2 | 49.5 | 61.7 | +11.5% | -10.5% |
| Current Economic Conditions | 54.8 | 47.7 | 68.0 | +14.9% | -19.4% |
| Index of Consumer Expectations | 55.4 | 50.7 | 57.7 | +9.3% | -4.0% |
Read our special reports:
7/10/26
Sentiment, Web-Based Data Collection, and Partisanship4/11/25
Partisan Perceptions and Sentiment Measurement5/22/26
National Estimates Continue to Align With Views of Independents5/8/26
Confidence in Financial Institutions1/23/26
January 2026 Update: Current versus Pre-Pandemic Long-Run Inflation Expectations
Next data release: Friday, August 14, 2026 for Preliminary August data at 10am ET
Surveys of Consumers Director Joanne Hsu
Consumer sentiment confirmed its early-month reading, landing almost 12% above June. Broad-based improvements were seen across all groups by income, education, wealth, age, and political party. Five-year expected business conditions reached a 12-month high, though it remains well under its historical average. Despite recent gains, sentiment is 11% below a year ago, reflecting a generally somber view of the economy amid five years of elevated inflation and persistent high prices. Consumers remain focused on pocketbook issues like purchasing power, while political or military developments remain more in the background. Interviews for this release spanned June 23 to July 27.
Year-ahead inflation expectations ticked down from 4.6% in June to a still-elevated 4.2% this month. The current reading substantially exceeds the 3.4% seen in February before the Iran conflict began, along with all 2024 readings. Long-run inflation expectations held steady from last month at 3.3%, remaining a bit higher than the 2.8% to 3.2% range seen in 2024.
Year-ahead inflation expectations ticked down from 4.6% in June to a still-elevated 4.2% this month. The current reading substantially exceeds the 3.4% seen in February before the Iran conflict began, along with all 2024 readings. Long-run inflation expectations held steady from last month at 3.3%, remaining a bit higher than the 2.8% to 3.2% range seen in 2024.