2018 Economic Calendar
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Consumer Sentiment  
Released On 4/27/2018 10:00:00 AM For Apr(f), 2018
PriorConsensusConsensus RangeActual
Sentiment Index - Level97.8 98.0 97.0  to 102.0 98.8 

Improvement in the expectations component helped give a lift to the consumer sentiment index which ends April at 98.8, still down noticeably from March's 14-year high at 101.4 but up a full point from the mid-month flash.

Expectations proved little changed, down 4 tenths from March to 88.4 vs the mid-month flash of 86.8. Strength here points to confidence in the jobs outlook. But the component for current conditions did slow, ending April at 114.9 for a sharp 6.3 point decline in what is not a positive signal for April consumer spending. Inflation expectations remain very soft, down 1 tenth for the year-ahead outlook to 2.7 percent and unchanged at 2.5 percent for the 5-year outlook.

Comparing the flash with today's final reading implies a roughly 100 pace for the sentiment index in the last two weeks of the month, a very solid pace consistent with other consumer confidence readings which, in contrast to sales however, have been holding at or near record highs.

Consensus Outlook
Based on a dip at in the mid-month preliminary release, the consumer sentiment index for final April is expected to come in at 98.0 vs March's 14-year high of 101.4. The assessment of current conditions fell back in the preliminary report as did inflation expectations.

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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