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Key Economic Indicators

Forex Education: Key US Economic Indicators

The University of Michigan Index

Importance (A-F): This release merits a B-.
Source: The University of Michigan.
Release Time: Preliminary: 10:00 ET on the second Friday of the month (data for current month); Final: 10:00 ET on the fourth Friday of the month (data for current month).

The Michigan index is almost identical to the Conference Board Consumer Confidence index, though there are two monthly releases, a preliminary and final reading. Like the Conference Board index, it has two subindices - expectations and current conditions. The expectations index is a component of the Conference Board's Leading Indicators index.

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