2017 Economic Calendar
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Consumer Sentiment  
Released On 2/24/2017 10:00:00 AM For Feb(f), 2017
PriorConsensusConsensus RangeActual
Sentiment Index - Level95.7 96.0 95.7  to 98.0 96.3 

The consumer sentiment index is off its post-election peak of 98.5 in January but is still very strong at 96.3 in February. The slowing is in expectations, at 86.5 vs January's strong 90.3. This component turns most on the jobs outlook and here optimism is down slightly. The component for current conditions is steady and very solid at 111.5. Inflation expectations are steady and soft, at 2.7 percent for the 1-year outlook and 2.5 percent for the 5-year.

Confidence measures, whether for consumers or businesses, have all been at cycle highs. But they have not translated, at least yet, to equal strength in spending.

Consensus Outlook
Consumer sentiment flattened out in the preliminary February reading, down nearly 3 points to 95.7 and signaling a possible end to the post-election confidence surge. Forecasters see a small 3 tenths bounce higher for the final February index to 96.0. The report is noting extreme polarization in its sample, between Republicans whose index is near record highs and Democrats whose index is near record lows.

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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