United States Consumer Sentiment

The Thomson Reuters/University of Michigan's preliminary reading on the overall index of consumer sentiment increased to 82.6 in April of 2014 from 80.0 in March of 2014. From 2008 until 2014, the United States Consumer Sentiment averaged 71.23 reaching an all time high of 85.1 in July of 2013 and a record low of 55.3 in November of 2008. The Index of Consumer Expectations focuses on three areas: how consumers view prospects for their own financial situation, how they view prospects for the general economy over the near term, and their view of prospects for the economy over the long term. Each monthly survey contains approximately 50 core questions, each of which tracks a different aspect of consumer attitudes and expectations. The samples for the Surveys of Consumers are statistically designed to be representative of all American households, excluding those in Alaska and Hawaii. Each month, a minimum of 500 interviews are conducted by telephone. This page provides - United States Consumer Sentiment - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-20

Actual Previous Highest Lowest Forecast Dates Unit Frequency
82.60 80.00 85.10 55.30 81.53 | 2014/06 2008 - 2014 Monthly
Volume, NSA, 1966=100

TO

United States Consumer Sentiment
LIST BY COUNTRY


CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-02-28 02:55 PM United States
Reuters Michigan Consumer Sentiment Final
Feb 2014 81.6 81.2 81.2 81.2
2014-03-14 01:55 PM United States
Reuters Michigan Consumer Sentiment Prel
Mar 2014 79.9 81.6 81.9 81
2014-03-28 01:55 PM United States
Reuters Michigan Consumer Sentiment Final
Mar 2014 80.0 81.6 79.9 79.9
2014-04-11 02:55 PM United States
Reuters Michigan Consumer Sentiment Prel
Apr 2014 82.6 80.0 81.0 79.64
2014-04-25 02:55 PM United States
Reuters Michigan Consumer Sentiment Final
Apr 2014 80.0 82.6 82.6
2014-05-16 02:55 PM United States
Reuters Michigan Consumer Sentiment Prel
May 2014 83.03
[+]

Consumer Last Previous Highest Lowest Forecast Unit
Consumer Confidence 82.60 2014-04-30 80.00 85.10 55.30 81.53 2014-06-30 [+]
Retail Sales MoM 1.14 2014-03-15 0.73 6.71 -3.63 0.46 2014-06-30 Percent [+]
Bank Lending Rate 3.25 2014-03-15 3.25 20.50 2.00 3.25 2014-06-30 Percent [+]
Consumer Credit 16.50 2014-02-15 13.80 117.20 -18.90 13.28 2014-06-30 USD Billions [+]
Consumer Spending 10831.50 2013-11-15 10744.20 10831.50 1320.40 10948.04 2014-06-30 USD Billion [+]
Disposable Personal Income 12706.20 2014-02-15 12663.90 12829.20 351.90 12818.09 2014-06-30 USD Billion [+]
Economic Optimism Index 48.00 2014-04-30 45.10 62.90 35.80 44.24 2014-06-30 [+]
Personal Income 0.33 2014-02-15 0.31 3.82 -4.36 0.17 2014-06-30 Percent [+]
Personal Savings 4.30 2014-02-15 4.20 14.60 0.80 4.00 2014-06-30 Percent [+]
Personal Spending 0.26 2014-02-15 0.20 2.75 -2.02 0.42 2014-06-30 Percent [+]
Redbook Index 2.60 2014-04-12 2.30 7.60 -5.80 2.82 2014-06-30 Percent [+]
Retail Sales YoY 3.80 2014-03-31 1.80 11.20 -11.40 4.72 2014-06-30 Percent [+]
[+]


US Consumer Sentiment Up to 9-Month High

The Thomson Reuters/University of Michigan's consumer sentiment index increased to a preliminary reading of 82.6 in April of 2014, up from March’s final 80.0. It is the highest level since July of 2013, as current conditions and expectations surged.

The expectations index increased to 73.3 in April, up from 70.0 percent in March.

The current economic conditions index rose to 97.1, from last month's reading of 95.7.

Inflation expectations over the next year fell by 1 percentage point to 3.1 percent and those for the five-to-ten-year increased to 3 percent from 2.9 percent in the previous month.

Joana Taborda | joana.taborda@tradingeconomics.com
4/11/2014 3:05:26 PM

RECENT RELEASES

US Consumer Sentiment Down to 4-Month Low
The Thomson Reuters/University of Michigan's consumer sentiment index came in at a final reading of 80.0 in March, marginally up from a preliminary 79.9, and down from 81.6 in February. It is the lowest rate since November of 2013, hurt by lower future expectations. Published on 2014-03-28

US Consumer Sentiment Falls in March
The Thomson Reuters/University of Michigan's consumer sentiment index dipped slightly to a preliminary reading of 79.9 in March, from 81.6 in February, hurt by lower future expectations. Published on 2014-03-14


Consumer Confidence | Notes
Consumer confidence is an indicator designed to measure the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. How confident people are about stability of their incomes determines their spending activity and therefore serves as one of the key indicators for the overall shape of the economy. If consumer confidence is higher, consumers are making more purchases, boosting the economic expansion. On the other hand, if confidence is lower, consumers tend to save more than they spend, prompting the contraction of the economy.


RELATED NEWS

US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
US Industrial Production Slows in March  
Industrial production increased 0.7 percent in March after having advanced 1.2 percent in February. Yet, manufacturing output rose for the second straight month.
US Housing Starts Rise Below Forecasts  
Privately-owned housing starts in March were at a seasonally adjusted annual rate of 946,000. This is 2.8 percent above the revised February estimate of 920,000, but down 5.9 percent year-on-year.
US Inflation Rate Up to 1.5% in March  
US annual consumer prices accelerated to 1.5 percent in March, boosted by higher shelter and food cost. On a monthly basis, the inflation rate edged up to 0.2 percent, following a 0.1 percent increase in February.
US Retail Sales Beat Expectations in March  
Retail sales increased 1.1 percent over the previous month in March of 2014, up from a revised 0.7 percent rise in February. It is the biggest growth rate in 1-1/2 years.
US Consumer Sentiment Up to 9-Month High  
The Thomson Reuters/University of Michigan's consumer sentiment index increased to a preliminary reading of 82.6 in April of 2014, up from March’s final 80.0. It is the highest level since July of 2013, as current conditions and expectations surged.
US Jobless Claims Down to Nearly 7-Year Low  
In the week ending April 5, the advance figure for seasonally adjusted initial claims was 300,000, a decrease of 32,000 from the previous week's revised level. The last time initial claims were this low was May 12, 2007 when they were 297,000. There were no special factors impacting this week's initial claims.
US Unemployment Rate Steady at 6.7%  
In March of 2014, the number of unemployed persons was essentially unchanged at 10.5 million, and the unemployment rate held at 6.7 percent. Over the year, the number of unemployed persons and the jobless rate were down by 1.2 million and 0.8 percentage point, respectively.
US Non-Farm Payrolls Rise 192K in March  
In March, total nonfarm payroll employment rose by 192,000, down from 197,00 in the previous month. Job growth averaged 183,000 per month over the prior 12 months. In March, employment grew in professional and business services, in health care, and in mining and logging.
US Service Sector Accelerates in March  
The Institute for Supply Management index of non-manufacturing activity rose to 53.1 in March, up from February’s reading of 51.6, as employment increased.
MORE RELATED NEWS

LATEST NEWS

Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     FEDERAL RESERVE    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News






Markets

GDP

Labour

Prices

Money

Trade

Government

Business

Consumer

Taxes

Housing