Showing posts with label consumer. Show all posts
Showing posts with label consumer. Show all posts

Saturday, April 24, 2010

Consumer Confidence

Key economic data for the last week of April 2010 starting April 27th, 2010. There are no economic reports on April 26th, 2010.

Economic Calendar key:
Consensus represents the market consensus estimate for each indicator.
Prior represents the last actual for each indicator.

DateReleaseForConsensusPrior
04/27/10 9:00 AMCase-Shiller 20-city Index (y/y)Feb1.1%-0.7%
04/27/10 10:00 AMConsumer ConfidenceApr53.752.5
04/28/10 2:15 PMFOMC Rate Decision4/280.25%0.25%
04/28/10 10:30 AMCrude Inventories04/24NA1.89M
04/29/10 8:30 AMContinuing Claims04/174625K4646K
04/29/10 8:30 AMInitial Claims04/24440K456K
04/30/10 8:30 AMGDP-Adv.Q13.2%5.6%
04/30/10 8:30 AMChain Deflator-Adv.Q10.9%0.5%
04/30/10 8:30 AMEmployment Cost IndexQ10.5%0.5%
04/30/10 9:45 AMChicago PMIApr59.858.8
04/30/10 9:55 AMMich SentimentApr71.569.5

Sunday, February 7, 2010

Mich Sentiment

The University of Michigan Consumer Sentiment Index (also known as Mich Sentiment) is almost identical to the Conference Board Consumer Confidence index. Michigan Consumer Sentiment Index is released twice a month. Preliminary release is scheduled at 10:00 ET on the second Friday of the month, and final release is scheduled at 10:00 ET on the fourth Friday of the month. The same as Conference Board index, the Michigan Consumer Sentiment Index has two sub-indexes which cover expectations and current conditions. The expectations sub-index is used as a component of the Conference Board's Leading Indicators index.

The Michigan Consumer Sentiment Index is considered one of the foremost indicators of US consumer sentiment. The Consumer Sentiment Index has valued for its quick turnarounds. As a rule falling economy is accompanied by declining in consumer confidence levels and falling sentiment index is considered as an early indicator of an economic downturn.