Consumer Confidence Surveys – As Of May 30, 2023

Advisor Perspectives had a post of May 30, 2023 (“Consumer Confidence Slips to Six Month Low“) that displays the latest Conference Board Consumer Confidence and University of Michigan Consumer Sentiment Index charts.  They are presented below:

(click on charts to enlarge images)

Conference Board Consumer Confidence Index 102.3

University of Michigan Consumer Sentiment Index 59.2

While I don’t believe that confidence surveys should be overemphasized, I find these readings and trends to be notable, especially in light of a variety of other highly disconcerting measures highlighted throughout this site.


The Special Note summarizes my overall thoughts about our economic situation

SPX at 4206.20 as this post is written