The Michigan Index
Posted on 05. Apr, 2007 by admin in Economic Indicators
- 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).
The Michigan 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 subindices – expectations and current conditions. The expectations index is a component of the Conference Board’s Leading Indicators index.
