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Final Consumer Sentiment Index in the US

Country:
USDUnited States
Importance:
★★
Data Trends
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Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
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About Final Consumer Sentiment Index in the US

The final value of the University of Michigan Consumer Sentiment Index is an indicator that measures how U.S. consumers feel about the current and future economic conditions. This data is released monthly by the University of Michigan's Survey Research Center and represents a revision based on preliminary values.

The index is a crucial measure of consumer confidence and purchasing intent; a high Consumer Sentiment Index suggests that consumer purchasing intent is strong, potentially leading to expanded economic activity. Conversely, a low index indicates reduced consumer willingness to buy, which can lead to economic stagnation.

This data serves as a valuable reference for policymakers to assess consumer confidence and formulate appropriate economic policies. It is also a vital source of information for businesses and investors to gauge consumer trends and forecast economic outlooks.

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