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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Reuters Michigan Consumer Expectations climbed to 91 in January 2015
FMPMonthlyReleased January 2015
US Reuters Michigan Consumer Expectations climbed to 91 in January 2015, up 4.6 from December's 86.4 reading. The reading matched the 91.5 consensus. The print is running well above the 12-month average of 78.3.
Latest Release
91
Actual
91.5
Consensus
86.4
Previous
Median Absolute Error
±2.6
across last 4 releases
Last Call
Jan 2015
Predicted: 93.8
Actual: 91
Error: +2.8
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| S&P 500 | ▲ Direct | +0.50 | INDEX | Bullish Stocks | → View |
| EUR/USD | ▼ Inverse | −0.45 | FOREX | Bearish EUR | → View |
| USD/JPY | ▲ Direct | +0.40 | FOREX | Bullish USD | → View |
| XAU/USD | ▼ Inverse | −0.35 | COMMODITIES | Bearish Gold | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Reuters Michigan Consumer Expectations (United States) was reported at 91.00 in January 2015. This missed the market consensus of 91.50 by 0.50. The reading rose from the previous value of 86.40. This is classified as a medium-impact indicator released on a monthly basis.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with S&P 500 (Bullish Stocks). A secondary relationship exists with EUR/USD, negatively correlated (Bearish EUR).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include MBA 30-Year Mortgage Rate (Jun 17) and Retail Sales MoM (Jun 17).
Auto-generated from current model state · Refreshes on each release · Last update January 2015.
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Reuters Michigan Consumer Expectations - US
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About Reuters Michigan Consumer Expectations — United States
DEFINITION
Reuters Michigan Consumer Expectations is a widely recognized financial indicator that measures the sentiment and expectations of consumers in the state of Michigan. It provides valuable insights into the future spending and economic outlook of the region, making it a crucial tool for investors, businesses, and policymakers. This indicator is based on a monthly survey of households, providing timely and accurate data on consumer confidence and their expectations for the economy. With its strong track record and widespread use, Reuters Michigan Consumer Expectations is a key resource for understanding the current and future state of the Michigan economy.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jan 2015): actual 91, consensus 91.5. Prior reading (Jan 2015): 91.6. Before that (Jul 2014): 71.1.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with S&P 500 (Bullish Stocks, r=0.50) — a useful reference for index-focused traders.