2017 Economic Calendar
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Consumer Sentiment  
Released On 7/28/2017 10:00:00 AM For Jul(f), 2017
PriorConsensusConsensus RangeActual
Sentiment Index - Level93.1 93.1 92.0  to 94.0 93.4 

Consumer sentiment edged higher the last two weeks of this month, producing a final reading of 93.4 vs 93.1 at mid-month. Still, the result is noticeably lower from June's 95.1 and reflects weakening in expectations, down 3.4 points to 80.5, that contrasts with strengthening in the current assessment, up nearly 1 point to 113.4. The report warns that this divergence hints at a shift lower for current conditions and the total index in the months ahead. Inflation expectations remain very subdued, at 2.6 percent for both the 1-year and 5-year outlooks.

This report has been moving south in contrast to the consumer confidence report which has been holding firm at 17-year highs. But throwing the weekly consumer comfort index into the mix, which has also been moderating, points to slightly less optimism than earlier in the year.

Consensus Outlook
The consumer sentiment index has been falling back, down more than 5 points from its highs early in the year to 93.1 in the preliminary reading for July, a level that is expected to hold for the final report. The preliminary July report showed continued strength in current conditions but a noticeable slowing in expectations in a divergence that hints at future erosion for the headline index.

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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