October 2025 LSEG/Ipsos Primary Consumer Sentiment Index
Washington DC, October 10, 2025--The LSEG/Ipsos Primary Consumer Sentiment Index for October 2025 is at 52.9. Fielded from September 19 – 25, 2025*, the Index is up 0.5 point from last month.
*This month’s fieldwork was completed prior to the start of the U.S. government shutdown on October 1, 2025.

The index has increased slightly following last month’s decline. However, it continues to sit nearly three points lower than its reading from this time last year.

The Current and Investment sub-indices are both down slightly this month. The Current sub-index now sits half a point lower than its reading from this time last year, while the Investment sub-index is in line with its October 2024 reading.
The Expectations sub-index is up nearly two points this month and shows the largest increase among the sub-indices. However, it still sits more than four points below its reading from this time last year.
Lastly, the Jobs sub-index is also up nearly two points and reversed losses sustained last month. Despite this uptick, it remains more than five points lower its reading from a year ago.
The Current Index reads at 43.9, down 0.8 point from last month. The index now sits 0.5 point lower than its reading from this time last year (44.4).
The Expectations Index reads at 59.4, up 1.9 points this month. The index now sits 4.4 points lower than its October 2024 reading (63.8).
The Investment Index is at 46.5, down 0.6 point from September. The index is in line (-0.3 point) with its October 2024 reading (46.8).
The Jobs Index reads reads at 63.6, up 1.7 points from September. The index is now 5.5 points below its reading from a year ago (69.1).

About the Study
These findings are based on data from a monthly 30-country survey conducted by Ipsos on its Global Advisor online survey platform and, in India, on its IndiaBus platform. They are first reported each month by LSEG as the Primary Consumer Sentiment Index (PCSI).
This survey was fielded between September 19 and September 25, 2025. The sample includes 1,000 Americans aged 18-74.
The data is weighted so that the composition of the sample in each country best reflects the demographic profile of the adult population according to the most recent census data.
The LSEG/Ipsos Primary Consumer Sentiment Index (PCSI), ongoing since 2010, is a monthly survey of consumer attitudes on the current and future state of their local economy, personal financial situation, savings, and confidence to make major investments. The PCSI metrics reported each month for each of the countries surveyed consist of a “Primary Index” based on all 10 questions below and of several “sub-indices” each based on a subset of these 10 questions.
About Ipsos
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