2018 Economic Calendar
2024 Econoday Investor's Journal Order Now
POWERED BY  econoday logo
U.S. & Intl Recaps   |   Event Definitions   |   Central Banks   |   Today's Calendar

Consumer Sentiment  
Released On 12/7/2018 10:00:00 AM For Dec(p), 2018
 PriorConsensusConsensus RangeActual
Index97.5 97.4 93.0  to 98.2 97.5 
US 6-Mo ChartGlobal Current
performance relative to consensus

Consensus Outlook
At a consensus 97.4, the consumer sentiment index is expected to hold steady in the preliminary reading for December. November's final reading was 97.5 with the month's preliminary reading at 98.3.

Relative Performance Index

Econoday's RPI provides a handy summary measure of how an economy has recently been evolving relative to market expectations.
A reading above zero means that the economy in general has been performing more strongly than expected and vice versa for a reading below zero. The closer is the value to the maximum (+100) or minimum (-100) levels, the greater is the degree to which markets have been under- or over-estimating economic activity. A zero outturn would imply that, on average, the market consensus has been correct. Note too that the index is sensitized to place extra weight upon those indicators that investors consider to be the most important.

 

Definition
The University of Michigan's Consumer Survey Center questions households each month on their assessment of current conditions and expectations of future conditions. Preliminary estimates for a month are released at mid-month and are based on about 420 respondents. Final estimates are released near the end of the month and are based on about 600 respondents. Why Investors Care

[locked]