| Definition:
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A survey of consumer attitudes toward the economy conducted by The University of Michigan. The survey is composed of a present situation and expectations index. The survey asks 500 consumers (the sample is designed to be representative of all American households) approximately 50 questions in three areas: 1) personal finances 2) business conditions 3) buying conditions.
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| Meaning:
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Consumer Sentiment is a leading indicator and is directly related to consumer spending which accounts for two-thirds of all economic activity. So the movement of Consumer Sentiment parallels the direction of the economy.
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| Weight:
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**
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| Source:
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The University of Michigan
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| Availability:
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Twice a month during the reference month
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| Frequency:
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Monthly
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| Coverage:
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Data for the month is released mid-month and at the end of the month
(For example: data released 1/16 & 1/30 is for January)
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| Volatility:
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Moderate
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Impact on the Markets:
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| Interest Rates:
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Consumer Sentiment  =
Interest Rates
Consumer Sentiment  = Interest Rates
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| Fixed-income:
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Consumer Sentiment =
Bond Market
Consumer Sentiment = Bond Market
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| Equities:
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Consumer Sentiment =
Stock Market
Consumer Sentiment = Stock Market
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| Dollar:
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Consumer Sentiment = Uncertain
Consumer Sentiment = Uncertain
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| More Information:
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University of Michigan
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