2015 Economic Calendar
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Consumer Sentiment  
Released On 6/12/2015 10:00:00 AM For Jun(p), 2015
PriorConsensusConsensus RangeActual
Sentiment Index - Level90.7 91.2 89.0  to 93.0 94.6 

Highlights
This week's retail sales and consumer sentiment reports offer a one-two punch. Consumer sentiment is back on the climb, jumping nearly 4 points to 94.6 which is well above the Econoday consensus for 91.2. The gain is centered in the current conditions component, up 6.0 points to 106.8, which offers an early signal for June-to-May consumer strength. The expectations component shows a smaller but still healthy gain, up 2.6 points to 86.8. The gain here points to confidence in the jobs outlook.

Gas prices have been edging higher but are not affecting inflation expectations which ticked lower, down 1 tenth to 2.7 percent for both the 1-year and 5-year outlooks.

Consumer sentiment is back near its best readings of the recovery, posted earlier in the year, and the gain in current conditions hints at another strong month for retail sales. The FOMC has been tracking consumer confidence readings and today's report is a little bit more ammunition for the hawks at next week's meeting.

Recent History Of This Indicator
Consumer sentiment remains in solid ground and is expected to rise slightly for the flash June reading, from 90.7 in May to 91.2. The current conditions component of this report offers the first look at how June is unfolding.

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.)
 
 

2015 Release Schedule
Released On: 1/161/302/132/273/133/274/175/15/155/296/126/267/177/318/14
Release For: JanJanFebFebMarMarAprAprMayMayJunJunJulJulAug
 
Released On: 8/289/119/2510/1610/3011/1311/2512/1112/23
Release For: AugSepSepOctOctNovNovDecDec
 


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