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Finance Dictionary and Glossary of Investment Terms
Consumer Sentiment Index
An index that combines the current and expected levels of consumer confidence. This index is almost identical to the Conference Board Consumer Confidence index, though there are two monthly releases, a preliminary and final reading. Like the Conference Board index, it has two components - expectations and current conditions. The expectations index is a component of the Conference Board''s Leading Indicators index.Importance (A-F): This release merits a B-. Source: The University of Michigan. Release Time: Preliminary: 10:00 ET on the second Friday of the month (data for current month); Final: 10:00 ET on the fourth Friday of the month (data for current month).