2009 Economic Calendar
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Consumer Sentiment  
Released On 5/1/2009 9:55:00 AM For Apr(f), 2009
PriorConsensusConsensus RangeActual
Sentiment Index - Level61.9 61.9 60.0  to 62.0 65.1 

Consumer sentiment picked up in the final April reading, confirming a run of positive consumer confidence readings. The Reuters/University of Michigan index rose to 65.1 from a mid-month reading of 61.9 and a March reading of 57.3. Like Tuesday's report from the Conference Board, today's report shows strength in expectations, at 63.1 vs. 58.9 at mid-month. Strength in expectations indicates that consumers may think the worst is now behind. Inflation expectations eased back a bit but remain stable at 2.8 percent for both the 1-year and 5-year outlooks. Stocks rose in reaction to the report.

Consensus Outlook
The Reuter's/University of Michigan's Consumer sentiment index for mid-April showed that depressed consumer attitudes are improving from rock bottom - hinting that the worst of the recession is over. The Reuters/University of Michigan's consumer sentiment index rose solidly to 61.9 from 57.3 for March. Both the expectations and current conditions components picked up. The bad news is that one-year inflation expectations shot up 1 full percentage point to 3.0 percent. This could be due to higher gas prices and due to concern over both loose monetary policy and ballooning federal deficits.

The University of Michigan's Consumer Survey Center questions 600 households each month on their financial conditions and attitudes about the economy. Consumer sentiment is directly related to the strength of consumer spending. Consumer confidence and consumer sentiment are two ways of talking about consumer attitudes. Among economic reports, consumer sentiment refers to the Michigan survey while consumer confidence refers to The Conference Board's survey. Preliminary estimates for a month are released at mid-month. Final estimates for a month are released near the end of the month.  Why Investors Care
Consumer sentiment is mainly affected by inflation and employment conditions. However, consumers are also impacted by current events such as bear & bull markets, geopolitical events such as war and terrorist attacks. Investors monitor consumer sentiment because it tends to have an impact on consumer spending over the long run (although not necessarily on a monthly basis.)

2009 Release Schedule
Released On: 1/161/302/132/273/133/274/175/15/155/296/126/267/107/248/14
Release For: JanJanFebFebMarMarAprAprMayMayJunJunJulJulAug
Released On: 8/289/119/2510/1610/3011/1311/2512/1112/23
Release For: AugSepSepOctOctNovNovDecDec

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