Here Comes University Of Michigan Consumer Confidence...

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University of Michigan Obama

REUTERS/Larry Downing

U.S. President Barack Obama prepares to walk out and address students at the University of Michigan in Ann Arbor, Michigan.

The University of Michigan's preliminary reading on September consumer confidence is set for release at 9:55 am ET.

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Expectations are for the reading to come in at 83.5, up from 82.5 in August's final reading. That number soundly beat expectations.

The UMich consumer sentiment survey comes after the latest report on retail sales showed sales jumped 0.6% in August, while July's figure was also revised upwards.

We'll be back with the live number when it hits.