CB Consumer Confidence : Economic Calendar

CB Consumer Confidence

Actual -   Forecast 83.0   Previous 82.3   Conference Board (CB) Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity. Higher readings point to higher consumer optimism. A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD. Importance:   High Source Of Report:   Conference Board Release URL:   http://www.conference-board.org/data/consumerconfidence.cfm