Michigan Consumer Sentiment demonstrates how US consumers estimate the relative level of current and future economic conditions. It is calculated monthly based on a telephone survey of at least 500 US households. The questionnaire features about 50 questions, including questions about consumer intentions to make large purchases, about changes in real and nominal incomes.
Specialists analyze Michigan Indexes to evaluate consumer mood, intentions and potential impact on national economy. A higher than expected reading is seen as positive for the US dollar.