• Upstart changed its Upstart Macro Index reporting, shifting to publication-date naming; readings will no longer be updated except for errors or major model upgrades.
• Latest UMI was 1.49, up 2% from 1.46 in the prior reading.
• The 1.49 reading implies macro conditions add about 49% more default risk than a normal economy baseline of 1, up from roughly 46% previously.
• UMI has stayed above 1 since February 2022; it remains below the series peak of 1.68 reached in January 2024.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Upstart Holdings Inc. published the original content used to generate this news brief on July 08, 2026, and is solely responsible for the information contained therein.