Consumer Sentiment for May, 2006
The Consumer Sentiment numbers for May, 2006 were released this morning:
Consensus: 87.0
Actual: 79.0
The Consumer Sentiment Index is compiled on a monthly basis by the University of Michigan; 500 U.S. households are queried about their own financial circumstances and about the economy in general. The Consumer Sentiment Index is similar to the Consumer Confidence Index in that they both measure consumer attitudes and offer insight into consumer spending.
The "consensus" is what economists were expecting, while the "actual" is the actual or real figure.
Consensus: 87.0
Actual: 79.0
The Consumer Sentiment Index is compiled on a monthly basis by the University of Michigan; 500 U.S. households are queried about their own financial circumstances and about the economy in general. The Consumer Sentiment Index is similar to the Consumer Confidence Index in that they both measure consumer attitudes and offer insight into consumer spending.
The "consensus" is what economists were expecting, while the "actual" is the actual or real figure.
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posted by Steve Brown | 5/12/2006 02:44:00 PM
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