2018 Economic Calendar
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Consumer Sentiment  
Released On 9/14/2018 10:00:00 AM For Sep(p), 2018
PriorConsensusConsensus RangeActual
Sentiment Index - Level96.2 97.0 95.5  to 99.0 100.8 

Consumer sentiment is moving higher so far this month, to 100.8 from 96.2 in July and the strongest showing since March this year and after that the strongest since 2004.

The gain is led by the assessment of current conditions which is up nearly 6 points to 116.1 in a gain that hints at a jump higher for September consumer spending. Expectations are also a positive, up more than 4 points to 100.8 and a new 15-year high in a showing that points to confidence in the outlook for jobs and also the stock market.

All major socio-economic subgroups are showing strength this month though concerns about tariffs are on the rise, mentioned by 1/3 of all respondents vs 1/5 in prior months.

And especially important readings for the Federal Reserve are inflation expectations which are on the downturn, falling 2 tenths for both the year-ahead and 5-year outlooks, to 2.8 and 2.4 percent respectively. These results echo yesterday's subdued readings on consumer prices and won't be raising urgency for what nevertheless is an expected FOMC rate-hike at month end.

Consensus Outlook
The consumer sentiment index is expected to move higher in the preliminary reading for September, at a consensus 97.0 vs 96.2 in an August report that showed easing strength in the assessment of current conditions. The August report also showed incremental pressures in inflation expectations tied to expectations for robust economic growth.

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 employment conditions but bear-or-bull markets can also have an impact as well as national and global events. Sentiment is watched as a long- run barometer for consumer spending.

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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