2018 Economic Calendar
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Consumer Sentiment  
Released On 2/16/2018 10:00:00 AM For Feb(p), 2018
PriorConsensusConsensus RangeActual
Sentiment Index - Level95.7 95.5 93.5  to 97.0 99.9 

Optimism over tax cuts is easily offsetting concern over the stock market, according to the consumer sentiment index which jumped sharply to 99.9 in preliminary February. Outside of October last year, this is the highest score in 14 years. Strength includes current conditions, at 115.1 and offering an early indication of a rebound for February consumer spending, and also expectations, at 90.2 and pointing to confidence in the income outlook.

Not showing any life are inflation expectations, unchanged at 2.7 percent for the year-ahead outlook and 2.5 percent for the 5-year outlook.

This report has been much flatter than other confidence readings which underlines today's strength as confirmation that the consumer, despite soft spending and gyrations in the stock market, is solidly underpinned by the strong jobs market.

Consensus Outlook
Consumer sentiment index recovered from a preliminary January slump to end the month at 95.7 and about where it was in December. This report has been flat unlike the consumer confidence index where readings have been much higher. Econoday's consensus for the preliminary February consumer sentiment index is 95.5 in a result that would point to no measurable panic tied to the stock market.

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.]

2018 Release Schedule
Released On: 1/192/22/163/23/163/294/134/275/115/256/156/297/137/278/17
Release For: JanJanFebFebMarMarAprAprMayMayJunJunJulJulAug
Released On: 8/319/149/2810/1210/2611/911/2112/712/21
Release For: AugSepSepOctOctNovNovDecDec

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