2017 Economic Calendar
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Consumer Sentiment  
Released On 4/28/2017 10:00:00 AM For Apr(f), 2017
PriorConsensusConsensus RangeActual
Sentiment Index - Level98.0 98.0 95.0  to 98.5 97.0 

The consumer sentiment report backed off from strength early in the month, ending April at a lower-than-expected 97.0 vs a 98.0 reading at mid-month and March's 96.9. Current conditions edged lower this month to a still strong 112.7 while expectations edged higher to 87.0 which is very solid for this reading. The report continues to note strong polarization on expectations with Democrats decidedly pessimistic and Republicans optimistic. The swing group, independents, are solidly in the optimistic camp. Confidence readings surged following Donald Trump's election and have since platued, and their strength has yet to translate to strength in consumer spending which, as illustrated in this morning's GDP report, is very soft.

Consensus Outlook
The consumer sentiment index had been sagging from post-election highs but regained ground in the preliminary April reading to a very strong 98.0. Despite the strength in confidence, expectations for inflation have been unusually subdued. Econoday's consensus for final April sentiment is 98.0.

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.]

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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