Consumer Sentiment under Donald Trump (second term)
Consumer Sentiment went from 71.7 in Donald Trump (second term)'s first month to 48.1 at month 21 (the latest reading): a change of −32.9%. At that point in office it ranks #10 of 10 administrations since 1969. Official data from the University of Michigan Surveys of Consumers.
All administrations at month 21
| Rank | Administration | Value at month 21 | Change since month 1 | Latest / end of month 48 | Primary federal source |
|---|---|---|---|---|---|
| #1 | Donald Trump (first term) | 100.1 | +1.6% | 80.7 (month 48) | University of Michigan Surveys of Consumers · UMCSENT |
| #2 | Bill Clinton | 91.5 | +2.5% | 96.9 (month 48) | University of Michigan Surveys of Consumers · UMCSENT |
| #3 | George W. Bush | 86.1 | −9.1% | 97.1 (month 48) | University of Michigan Surveys of Consumers · UMCSENT |
| #4 | Jimmy Carter | 80.4 | — | 64.5 (month 48) | University of Michigan Surveys of Consumers · UMCSENT |
| #5 | Richard Nixon | 77.6 | — | 90.7 (month 47) | University of Michigan Surveys of Consumers · UMCSENT |
| #6 | George H. W. Bush | 72.8 | −25.6% | 91.0 (month 48) | University of Michigan Surveys of Consumers · UMCSENT |
| #7 | Ronald Reagan | 69.3 | −2.9% | 92.9 (month 48) | University of Michigan Surveys of Consumers · UMCSENT |
| #8 | Barack Obama | 68.2 | +11.4% | 72.9 (month 48) | University of Michigan Surveys of Consumers · UMCSENT |
| #9 | Joe Biden | 58.6 | −25.8% | 74.0 (month 48) | University of Michigan Surveys of Consumers · UMCSENT |
| #10 | Donald Trump (second term) · in office | 48.1 | −32.9% | 48.1 (month 21) | University of Michigan Surveys of Consumers · UMCSENT |
Methodology and source verification
University of Michigan Index of Consumer Sentiment (1966 = 100), monthly.
Every administration is aligned to its own inauguration: month 1 is the month it took office, and the comparison runs to month 48 (the first term). Each administration is compared at the same month in office, so a president halfway through a term is never measured against another's full four years.
Primary source: University of Michigan Surveys of Consumers. Retrieved from the Federal Reserve Bank of St. Louis (FRED), series UMCSENT, refreshed hourly. Latest observation 2026-09-01, first published 2026-09-25. Full methods: methodology.