BREAKING: The Consumer Sentiment Index fell -3.6 points in September, to 48.1, its 2nd-lowest level in history. This marks the 2nd consecutive monthly decline, totaling -7.1 points. This comes as the Current Conditions Index decreased -1.0 point, to 50.9, its 4th-lowest reading
Why now
Thesis: Consumer sentiment at 2nd-lowest level in history
Catalyst to watch: Next retail sales and sentiment readings
Main risk: Weak sentiment could presage spending pullback
Why it matters
Consumer sentiment at near-record lows signals weakening demand that could pressure retail and discretionary earnings.
Details
BREAKING: The Consumer Sentiment Index fell -3.6 points in September, to 48.1, its 2nd-lowest level in history. This marks the 2nd consecutive monthly decline, totaling -7.1 points. This comes as the Current Conditions Index decreased -1.0 point, to 50.9, its 4th-lowest reading on record. At the same time, the Consumer Expectations Index dropped -5.2 points, to 46.3, its 2nd-lowest since 1980. This year, the sentiment has deteriorated for all groups by age, education, geography, political party and income. The decline has been driven by a higher cost-of-living, as higher fuel prices, persistent inflation, rising mortgage rates, and weaker purchasing power. Consumer sentiment is at crisis levels.
Sources
- x · 2026-09-27 20:34 UTC