Search Investopedia

Michigan Consumer Sentiment Index - MCSI

Filed Under » , , ,
Dictionary Says

Definition of 'Michigan Consumer Sentiment Index - MCSI'

A survey of consumer confidence conducted by the University of Michigan. The Michigan Consumer Sentiment Index (MCSI) uses telephone surveys to gather information on consumer expectations regarding the overall economy.
Investopedia Says

Investopedia explains 'Michigan Consumer Sentiment Index - MCSI'

The preliminary report, which includes about 60% of total survey results, is released around the 10th of each month. A final report for the prior month is released on the first of the month. The index is becoming more and more useful for investors because it gives a snapshot of whether consumers feel like spending money.

Related Definitions

  •

    Consumer Confidence Index - CCI

    A survey by the Conference Board that measures how optimistic or pessimistic consumers are with respect to the economy in the near future.
    Read More »

  • Economy

    The large set of inter-related economic production and consumption activities which aid in determining how scarce resources are allocated.
    Read More »

  • Consumer Price Index - CPI

    A measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care. The CPI is calculated by taking price ...
    Read More »

    • Personal Consumption Expenditures - PCE

      A measure of price changes in consumer goods and services. Personal consumption expenditures consist of the actual and imputed expenditures of households; the measure includes data ...
      Read More »

    • Consumer Packaged Goods - CPG

      A type of good that is consumed every day by the average consumer. The goods that comprise this category are ones that need to be replaced frequently, compared to those that are usable ...
      Read More »

    • Halo Effect

      The halo effect is a term used in marketing to explain the bias shown by customers towards certain products because of a favorable experience with other products made by the same ...
      Read More »

    • ZEW Economic Sentiment

      A monthly economic survey. The ZEW Economic Sentiment is an almalgamation of the sentiments of approximately 350 economists and analysts regarding the economic future of Germany for the ...
      Read More »

    • Consumer Sentiment

      A statistical measurement and economic indicator of the overall health of the economy as determined by consumer opinion. Consumer sentiment takes into account an individual's feelings ...
      Read More »

Articles Of Interest

Sponsored links
Hot Definitions
Partner Links
Suggested Definitions