2018 Economic Calendar
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Consumer Sentiment  
Released On 7/13/2018 10:00:00 AM For Jul(p), 2018
PriorConsensusConsensus RangeActual
Sentiment Index - Level98.2 98.4 97.0  to 99.5 97.1 

Highlights
Consumer sentiment is easing back so far this month, to 97.1 which is down 1.1 points from June and near the bottom of Econoday's consensus range. The weakness is in the assessment of current conditions which is down 2.6 points to 113.9. Expectations are steady at 86.4. Trade war is in play, cited as a concern by 38 percent of the sample vs 21 percent in June and 15 percent in May. Yet levels in this report remain strong and continue to support expectations for solid summer growth in consumer spending.

Consensus Outlook
Easing expectations, perhaps tied to tariff concerns, have been holding back the consumer sentiment index which nevertheless ended June at a solid 98.2 as the assessment of current conditions proved very strong. Forecasters are calling for 98.4 for the preliminary reading in July.

Definition
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
 
[Chart]
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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