The University Of Michigan Consumer Sentiment Index is a consumer confidence index published monthly by the University of Michigan. Each month at least 500 telephone interviews are conducted of a continental United States. Each monthly survey contains approximately 50 core questions, each of which tracks a different aspect of consumer attitudes and expectations in regards the general short term economy and own financial situation.
There are 2 versions of this data released 14 days apart – Preliminary and Revised. The Preliminary release is the earlier and thus tends to have the most impact.
Trading Event: UoM Preliminary Consumer Sentiment - Today 14:00 GMT
Investor Notes:
- UoM Consumer Sentiment is expected to decrease to 91.8 from 91.7 during the previous month.
- The Revised Consumer Sentiment last month retreated to 91.8 from 93.9.
- Personal Spending remained to a low 0.3% level during August.
