2017 Economic Calendar
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Consumer Sentiment  
Released On 3/31/2017 10:00:00 AM For Mar, 2017
PriorConsensusConsensus Range
Sentiment Index - Level97.6 97.6 94.7  to 99.9 

Recent History Of This Indicator
The consumer sentiment index had been edging back but not in the March flash which came in at 97.6, within a point of its post-election high and where forecasters expect it to remain in the final reading. The report is noting extreme polarization in its sample, between Democrats whose expectations are near record lows and Republicans whose expectations are near record highs. The swing factor has been independents who have been closer to Republicans in their optimism.

Definition
The University of Michigan's Consumer Survey Center questions 500 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
 
[Chart]
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.]
 
 

2017 Release Schedule
Released On: 1/131/272/102/243/173/314/134/285/125/266/166/307/147/288/18
Release For: JanJanFebFebMarMarAprAprMayMayJunJunJulJulAug
 
Released On: 9/19/159/2910/1310/2711/1011/2212/812/22
Release For: AugSepSepOctOctNovNovDecDec
 


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