The University of Michigan Consumer Sentiment Index surveys consumer attitudes and expectations about the US economy. Consumer confidence leads to more spending, which is an critical component in economic growth. Here are all the details, and 5 possible outcomes for EUR/USD. Published on Friday at 13:55 GMT. Indicator Background The University of Michigan Consumer Sentiment Index, which is released monthly, is an important leading economic indicator. It helps measure future spending behavior, and provides an indication of consumer confidence in the economy. Analysts look to the index to help answer that all-important ... (full story)