HALISTER1: U.S. ECO PREVIEW: U Mich Sentiment Due in 5 Minutes

U.S. ECO PREVIEW: U Mich Sentiment Due in 5 Minutes

(Bloomberg) -- Following are forecasts for today’s economic releases as compiled by Bloomberg News.
  • U. Mich Conf 94; range 92 to 97 (57 estimates)
  • U. Mich Curr 112.9; range 112.8 to 114 (3 estimates)
  • U. Mich Exp 81.5; range 81.3 to 84 (3 estimates)
    • "Consumer sentiment has fallen from the 13-year highs registered in January, and currently resides at its lowest level since prior to the election in October. Clearly much of this erosion is a function of policy inaction by the government”: Bloomberg Intelligence
    • In July, the index dropped to 93.4 from June’s reading of 95.1; it peaked this year at 98.5 in January
To contact the reporters on this story: Chris Middleton in Washington at cmiddleton2@bloomberg.net; Vincent Del Giudice in Denver at vdelgiudice@bloomberg.net To contact the editors responsible for this story: Alex Tanzi at atanzi@bloomberg.net Kristy Scheuble

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