Recent Updates
- China: New Loans (Q1): Korea: Trade by Commodity (Mar), Loans to Households & Enterprises (Feb); Pakistan: Trade by Commodity (Mar); Indonesia: Regional Gross Domestic Product (2017); India: Trade by Country by Commodity (Feb)
- Japan: ** Japan's consumption activity index rebased from 2010=100 to 2011=100.**
- Japan: Consumption Activity Index (Feb)
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Economy in Brief
German PPI Accelerates
The German year-on-year PPI has generally been decelerating since early 2017...
U.S. Leading Economic Indicators Signal Continued Expansion
The Conference Board's Composite Index of Leading Economic Indicators increased 0.3% during March...
Philadelphia Fed Factory Conditions Improve; Prices Jump
The Philadelphia Fed reported that its General Factory Sector Business Conditions Index rose to 23.2 during April...
U.S. Initial Claims for Unemployment Insurance Are Little Changed
Initial unemployment insurance claims slipped to 232,000 (-6.1% y/y) during the week ended April 14...
U.K. Retail Sales Fall
U.K. GDP is expected to cool its jets when the first quarter GDP number is released...
by Tom Moeller April 13, 2012
The University of Michigan's Index of Consumer Sentiment for mid-April slipped to 75.7 from 76.2 in March. The figure compared to expectations for a rise to 77.0. The reading of current economic conditions fell to 80.6 which was its lowest since December. The consumer expectation figure rose to 72.5, its highest since September 2009. During the last ten years there has been a 60% correlation between the level of sentiment and the three-month change in real personal consumption expenditures.
The Reuters/University of Michigan survey data are not seasonally adjusted. The readings are based on telephone interviews with just- over 300 households. Data are in Haver's USECON database. The expectations figure is from Action Economics and is found in Haver's AS1REPNA database.
The Fed's latest Beige Book covering regional economic conditions is available here.
University of
Michigan (Q1'66 = 100) |
Mid-Apr | Mar | Feb | Apr Y/Y % |
2011 | 2010 | 2009 |
---|---|---|---|---|---|---|---|
Consumer Sentiment | 75.7 | 76.2 | 75.3 | 8.5 | 67.3 | 71.8 | 66.3 |
Current Economic Conditions | 80.6 | 86.0 | 83.0 | -2.3 | 79.1 | 80.9 | 69.6 |
Consumer Expectations | 72.5 | 69.8 | 70.3 | 17.7 | 59.8 | 66.0 | 64.1 |