Citizen Economists » consumer sentiment http://www.citizeneconomists.com/blogs Citizen Economists is an online economics magazine written by citizen journalists. These ordinary citizens provide reports and commentary on the current events affecting the economics of the fields they work in. Fri, 10 Feb 2012 20:10:41 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Economic Events on February 10, 2012 http://www.citizeneconomists.com/blogs/2012/02/10/economic-events-on-february-10-2012/ http://www.citizeneconomists.com/blogs/2012/02/10/economic-events-on-february-10-2012/#comments Fri, 10 Feb 2012 12:45:17 +0000 B.P.T. http://www.citizeneconomists.com/blogs/?p=10976 At 8:30 AM Eastern time, the International Trade report for December will be released.  The consensus is a deficit of $47.8 billion, which would be the same value as the previous month.

At 9:55 AM Eastern time, Consumer Sentiment for the first half of February will be announced.  The consensus is that the index . . . → Read More: Economic Events on February 10, 2012]]> At 8:30 AM Eastern time, the International Trade report for December will be released.  The consensus is a deficit of $47.8 billion, which would be the same value as the previous month.

At 9:55 AM Eastern time, Consumer Sentiment for the first half of February will be announced.  The consensus is that the index will be at 74.3, which would be a decrease of 0.7 points from the level reported in the second half of last month.

At 12:30 PM Eastern time, Federal Reserve Chairman Ben Bernanke will speak to the 2012 National Association of Homebuilders International Builders’ Show on the topic of Housing Markets In Transition.

At 2:00 PM Eastern time, the Treasury budget for January will be released, providing an account of the federal government’s budget surplus or deficit for that month.

]]> http://www.citizeneconomists.com/blogs/2012/02/10/economic-events-on-february-10-2012/feed/ 0 Economic Events on January 27, 2012 http://www.citizeneconomists.com/blogs/2012/01/27/economic-events-on-january-27-2012/ http://www.citizeneconomists.com/blogs/2012/01/27/economic-events-on-january-27-2012/#comments Fri, 27 Jan 2012 12:50:38 +0000 B.P.T. http://www.citizeneconomists.com/blogs/?p=10811 At 8:30 AM Eastern time, the advance GDP report for the fourth quarter of 2011 will be announced.  The consensus is an increase of 3.1% in real GDP and an increase of 1.5% in the GDP price index.

At 9:55 AM Eastern time, Consumer Sentiment for the second half of January will be announced.  . . . → Read More: Economic Events on January 27, 2012]]> At 8:30 AM Eastern time, the advance GDP report for the fourth quarter of 2011 will be announced.  The consensus is an increase of 3.1% in real GDP and an increase of 1.5% in the GDP price index.

At 9:55 AM Eastern time, Consumer Sentiment for the second half of January will be announced.  The consensus is that the index will be at 74.0, which is the same as the value reported in the first half of the month.

Join the forum discussion on this post - (1) Posts]]> http://www.citizeneconomists.com/blogs/2012/01/27/economic-events-on-january-27-2012/feed/ 0 Economic Events on January 13, 2012 http://www.citizeneconomists.com/blogs/2012/01/13/economic-events-on-january-13-2012/ http://www.citizeneconomists.com/blogs/2012/01/13/economic-events-on-january-13-2012/#comments Fri, 13 Jan 2012 12:45:09 +0000 B.P.T. http://www.citizeneconomists.com/blogs/?p=10482 At 8:30 AM Eastern time, the International Trade report for November will be released.  The consensus is a deficit of $45.0 billion, which would be $1.5 billion more than the previous month.

Also at 8:30 AM Eastern time, the Import and Export Prices index for December will be released, providing some data that can . . . → Read More: Economic Events on January 13, 2012]]> At 8:30 AM Eastern time, the International Trade report for November will be released.  The consensus is a deficit of $45.0 billion, which would be $1.5 billion more than the previous month.

Also at 8:30 AM Eastern time, the Import and Export Prices index for December will be released, providing some data that can be used to monitor the threat of inflation.

At 9:55 AM Eastern time, Consumer Sentiment for the first half of January will be announced.  The consensus is that the index will be at 71.5, which would be an increase of 1.6 points from the level reported in the second half of last month.

]]> http://www.citizeneconomists.com/blogs/2012/01/13/economic-events-on-january-13-2012/feed/ 0 Economic Events on December 22, 2011 http://www.citizeneconomists.com/blogs/2011/12/22/economic-events-on-december-22-2011/ http://www.citizeneconomists.com/blogs/2011/12/22/economic-events-on-december-22-2011/#comments Thu, 22 Dec 2011 12:50:02 +0000 B.P.T. http://www.citizeneconomists.com/blogs/?p=10251 At 8:30 AM Eastern time, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 380,000 new jobless claims last week, which would would be 14,000 more than the previous week.

Also at 8:30 AM Eastern time, the final GDP report for the third quarter of 2011 will . . . → Read More: Economic Events on December 22, 2011]]> At 8:30 AM Eastern time, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 380,000 new jobless claims last week, which would would be 14,000 more than the previous week.

Also at 8:30 AM Eastern time, the final GDP report for the third quarter of 2011 will be announced.  The consensus is an increase of 2.0% in real GDP and an increase of 2.5% in the GDP price index.  The real GDP estimate is the same as the preliminary value for the third quarter of 2011, and the GDP price index is the same.

Also at 8:30 AM Eastern time, the Chicago Fed National Activity Index for November will be released, providing an update on economic activity and inflationary pressure in the United States.

Also at 8:30 AM Eastern time, the monthly Corporate Profits report from the Bureau of Economic Analysis will be released.

At 9:45 AM Eastern time, the weekly Bloomberg Consumer Comfort Index will be released, providing an update on Americans’ views of the U.S. economy, their personal finances and the buying climate.

At 9:55 AM Eastern time, Consumer Sentiment for the second half of December will be announced.  The consensus is that the index will be at 68.0, which would be an increase of 0.3 points from the level reported in the first half of the month.

At 10:00 AM Eastern time, the FHFA House Price Index for October will be released, providing more information about the direction of the housing market.

Also at 10:00 AM Eastern time, the Leading Indicators for November will be released, and the consensus is that there was an increase of 0.3% from the previous month.

At 10:30 AM Eastern time, the weekly Energy Information Administration Natural Gas Report will be released, giving an update on natural gas inventories in the United States.

At 4:30 PM Eastern time, the Federal Reserve will release its Money Supply report, showing the amount of liquidity available in the U.S. economy.

Also at 4:30 PM Eastern time, the Federal Reserve will release its Balance Sheet report, showing the amount of liquidity the Fed has injected into the economy by adding or removing reserves.

Join the forum discussion on this post - (1) Posts]]> http://www.citizeneconomists.com/blogs/2011/12/22/economic-events-on-december-22-2011/feed/ 0 Economic Events on December 9, 2011 http://www.citizeneconomists.com/blogs/2011/12/09/economic-events-on-december-9-2011/ http://www.citizeneconomists.com/blogs/2011/12/09/economic-events-on-december-9-2011/#comments Fri, 09 Dec 2011 12:45:10 +0000 B.P.T. http://www.citizeneconomists.com/blogs/?p=10079 At 8:30 AM Eastern time, the International Trade report for October will be released. The consensus is a deficit of $43.4 billion, which would be $0.3 billion more than the previous month.

At 9:55 AM Eastern time, Consumer Sentiment for the first half of December will be announced. The consensus is that the index . . . → Read More: Economic Events on December 9, 2011]]> At 8:30 AM Eastern time, the International Trade report for October will be released. The consensus is a deficit of $43.4 billion, which would be $0.3 billion more than the previous month.

At 9:55 AM Eastern time, Consumer Sentiment for the first half of December will be announced. The consensus is that the index will be at 66.0, which would be an increase of 1.9 points from the level reported in the second half of last month.

]]> http://www.citizeneconomists.com/blogs/2011/12/09/economic-events-on-december-9-2011/feed/ 0 Economic Events on November 23, 2011 http://www.citizeneconomists.com/blogs/2011/11/23/economic-events-on-november-23-2011/ http://www.citizeneconomists.com/blogs/2011/11/23/economic-events-on-november-23-2011/#comments Wed, 23 Nov 2011 11:55:38 +0000 B.P.T. http://www.citizeneconomists.com/blogs/?p=9901 The Mortgage Bankers’ Association purchase index will be released at 7:00 AM Eastern time, providing an update on the quantity of new mortgages and refinancings closed in the last week.

At 8:30 AM Eastern time, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 390,000 new jobless . . . → Read More: Economic Events on November 23, 2011]]> The Mortgage Bankers’ Association purchase index will be released at 7:00 AM Eastern time, providing an update on the quantity of new mortgages and refinancings closed in the last week.

At 8:30 AM Eastern time, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 390,000 new jobless claims last week, which would would be 2,000 more than the previous week.

Also at 8:30 AM Eastern time, the Durable Goods Orders report for October will be released. The consensus is that there was a decrease of 1.0% from September.

Also at 8:30 AM Eastern time, the monthly Personal Income and Outlays report for October will be released. The consensus for Personal Income is an increase of 0.3% over the previous month and the consensus Consumer Spending index change is an increase of 0.3%.

At 9:45 AM Eastern time, the weekly Bloomberg Consumer Comfort Index will be released, providing an update on Americans’ views of the U.S. economy, their personal finances and the buying climate.

At 9:55 AM Eastern time, Consumer Sentiment for the second half of November will be announced.  The consensus is that the index will be at 64.6, which is 0.4 points higher than the value reported in the first half of the month.

At 10:30 AM Eastern time, the weekly Energy Information Administration Natural Gas Report will be released, giving an update on natural gas inventories in the United States.

At 11:00 AM Eastern time, the weekly Energy Information Administration Petroleum Status Report will be released, giving investors an update on oil inventories in the United States.

Join the forum discussion on this post - (1) Posts]]> http://www.citizeneconomists.com/blogs/2011/11/23/economic-events-on-november-23-2011/feed/ 0 Economic Events on November 11, 2011 http://www.citizeneconomists.com/blogs/2011/11/11/economic-events-on-november-11-2011/ http://www.citizeneconomists.com/blogs/2011/11/11/economic-events-on-november-11-2011/#comments Fri, 11 Nov 2011 13:30:32 +0000 B.P.T. http://www.citizeneconomists.com/blogs/?p=9763 At 9:55 AM EDT, Consumer Sentiment for the first half of November will be announced.  The consensus is that the index will be at 61.5, which would be an increase of 0.6 points from the level reported in the second half of last month.

Join the forum discussion on this post - (1) Posts]]> At 9:55 AM EDT, Consumer Sentiment for the first half of November will be announced.  The consensus is that the index will be at 61.5, which would be an increase of 0.6 points from the level reported in the second half of last month.

Join the forum discussion on this post - (1) Posts]]> http://www.citizeneconomists.com/blogs/2011/11/11/economic-events-on-november-11-2011/feed/ 0 Remembering 1974 – Again! – DJTA Biggest Jump Since 1939 http://www.citizeneconomists.com/blogs/2011/10/31/remembering-1974-again-djta-biggest-jump-since-1939/ http://www.citizeneconomists.com/blogs/2011/10/31/remembering-1974-again-djta-biggest-jump-since-1939/#comments Mon, 31 Oct 2011 14:10:38 +0000 Eldon Mast http://www.citizeneconomists.com/blogs/?p=9586 Last week stocks surged, extending the biggest monthly rally for the Standard & Poor’s 500 Index since 1974, and the euro strengthened as European leaders agreed to expand a bailout fund to stem the region’s debt crisis. The 20 percent monthly advance for the Dow Jones Transportation Average, a proxy for the economy, . . . → Read More: Remembering 1974 – Again! – DJTA Biggest Jump Since 1939]]>
Last week stocks surged, extending the biggest monthly rally for the Standard & Poor’s 500 Index since 1974, and the euro strengthened as European leaders agreed to expand a bailout fund to stem the region’s debt crisis. The 20 percent monthly advance for the Dow Jones Transportation Average, a proxy for the economy, is the biggest since 1939. The S&P 500 rose to its highest level in almost three months and has rebounded 17 percent since Oct. 3.

In addition to remembering 1974, Economic growth strengthened in the third quarter and the component mix is more favorable than expected. GDP growth improved to a 2.5 percent annualized increase in the third quarter. The advance estimate matched market expectations for a 2.5 percent gain. (For once the majority was right!)

Optimism is clearly now appearing as the consumer sentiment index jumped to 60.9 compared to 57.5 at mid-month to imply a 64.3 level for the final two weeks of the month. The improvement the last two weeks is centered in the leading component of expectations which jumped 4.8 points to 51.8. The current conditions component also rose, up 1.3 points to 75.1. Inflation expectations show no change from mid-month, at 3.2 percent for the one-year outlook and 2.7 percent for the five-year.

And on the job front, initial jobless claims are holding steady in a narrow range just above 400,000. Claims came in at 402,000 in the October 22 week, a bit better than expectations. The four-week average of 405,500 is 10,000 below the month-ago period to point to continued improvement and a positive October employment report.

]]> http://www.citizeneconomists.com/blogs/2011/10/31/remembering-1974-again-djta-biggest-jump-since-1939/feed/ 0 Economic Events on October 28, 2011 http://www.citizeneconomists.com/blogs/2011/10/28/economic-events-on-october-28-2011/ http://www.citizeneconomists.com/blogs/2011/10/28/economic-events-on-october-28-2011/#comments Fri, 28 Oct 2011 11:40:32 +0000 B.P.T. http://www.citizeneconomists.com/blogs/?p=9570 At 8:30 AM EDT, the monthly Personal Income and Outlays report for September will be released. The consensus for Personal Income is an increase of 0.3% over the previous month and the consensus Consumer Spending index change is an increase of 0.3%.

Also at 8:30 AM EDT, the Employment Cost Index for the third . . . → Read More: Economic Events on October 28, 2011]]> At 8:30 AM EDT, the monthly Personal Income and Outlays report for September will be released. The consensus for Personal Income is an increase of 0.3% over the previous month and the consensus Consumer Spending index change is an increase of 0.3%.

Also at 8:30 AM EDT, the Employment Cost Index for the third quarter of 2011 will be released. The consensus is that the index increased 0.6% during the quarter.

At 9:55 AM EDT, Consumer Sentiment for the second half of October will be announced.  The consensus is that the index will be at 58.0, which is 0.5 points higher than the value reported in the first half of the month.

Join the forum discussion on this post - (1) Posts]]> http://www.citizeneconomists.com/blogs/2011/10/28/economic-events-on-october-28-2011/feed/ 0 Economic Events on September 30, 2011 http://www.citizeneconomists.com/blogs/2011/09/30/economic-events-on-september-30-2011/ http://www.citizeneconomists.com/blogs/2011/09/30/economic-events-on-september-30-2011/#comments Fri, 30 Sep 2011 12:00:08 +0000 B.P.T. http://www.citizeneconomists.com/blogs/?p=9273 At 8:30 AM EDT, the monthly Personal Income and Outlays report for August will be released. The consensus for Personal Income is an increase of 0.1% over the previous month and the consensus Consumer Spending index change is an increase of 0.2%.

At 9:45 AM EDT, the Chicago PMI Index for September will be . . . → Read More: Economic Events on September 30, 2011]]> At 8:30 AM EDT, the monthly Personal Income and Outlays report for August will be released. The consensus for Personal Income is an increase of 0.1% over the previous month and the consensus Consumer Spending index change is an increase of 0.2%.

At 9:45 AM EDT, the Chicago PMI Index for September will be announced.  The consensus index value is 55.4, which is 1.1 points lower than last month, but is still above the break-even level at 50.

At 9:55 AM EDT, Consumer Sentiment for the second half of September will be announced.  The consensus is that the index will be at 57.8, which is the same as the value reported in the first half of the month.

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