U Michigan Consumer Sentiment
University of Michigan Consumer Sentiment Index (monthly)
| Property | Value |
|---|---|
| Category | macro |
| Unit | Dimensionless |
| Resolution | 1d |
| Assets | MACRO |
| Tier | Basic |
| API Endpoint | GET /v1/macro/sentiment |
| Field | consumer_sentiment |
Overview
University of Michigan Consumer Sentiment Index (FRED UMCSENT), monthly frequency. A long-running survey of US households measuring consumer confidence in current and expected economic conditions. Index normalized to 1966 Q1 = 100.
Interpretation
- High readings (>90): strong consumer confidence, supportive of consumption and growth.
- Low readings (<70): pessimism, often coinciding with recessions or financial-stress periods.
- Inflection points (sentiment troughs) have historically preceded equity-market and BTC bottoms.
Use Cases
- Use as a soft-data leading indicator for BTC macro positioning.
- Combine with
macro_unemployment_rateto triangulate consumer health and Fed reaction-function inputs. - Watch for sentiment troughs as contrarian signals for risk-on rotations into BTC.
API Usage
curl -H "Authorization: Bearer YOUR_API_KEY" \
"https://api.blocklens.co/v1/macro/sentiment?start_date=2024-01-01&end_date=2024-12-31&limit=365"
Related Metrics
- Unemployment Rate — US civilian unemployment rate (%, monthly)
- CPI (All Urban) — Consumer Price Index for all urban consumers (index, monthly)
- SPDR S&P 500 ETF (SPY) — S&P 500 ETF closing price ($, daily)
- VIX Volatility Index — CBOE Volatility Index (points, daily)