The University of Michigan Consumer Sentiment Index increased 1.6% in September compared to the month prior, landing at 69, according to preliminary results for the month. The September figure was up 1.8% from a year ago. The current conditions component of the index rose 2.6% from the month prior, landing at 62.9, while the consumer expectations index rose 1.2% to 73.
ABA DataBank: Average tax refunds are higher in 2026
The average tax refund on March 20 was $3,571, up 10.9% from last year. The total amount that has been refunded so far is about $202.6 billion, 12.9% above last year's corresponding total.









