2017 Economic Calendar
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Consumer Confidence  
Released On 5/30/2017 10:00:00 AM For May, 2017
PriorConsensusConsensus Range
Consumer Confidence - Level120.3 119.0 117.0  to 121.0 

Recent History Of This Indicator
Holding near 20-year highs, the consumer confidence index has been showing the most strength of any of the consumer gauges. The report's sample has been reporting strong demand in the labor market and expects demand to remain strong through the year. Only marginal retracement is expected for the May report with the Econoday consensus at 119.0 vs April's 120.3.

Definition
The Conference Board compiles a survey of consumer attitudes on the economy. The headline Consumer Confidence Index is based on consumers' perceptions of current business and employment conditions, as well as their expectations for six months hence regarding business conditions, employment, and income. Three thousand households across the country are surveyed each month. In general, while the level of consumer confidence is associated with consumer spending, the two do not move in tandem each and every month.

 Why Investors Care
 
[Chart]
Typically retail sales will move in tandem with consumer optimism - although not necessarily each and every month.
Data Source: Haver Analytics
 
 

2017 Release Schedule
Released On: 1/312/283/284/255/306/277/258/299/2610/3111/2812/27
Release For: JanFebMarAprMayJunJulAugSepOctNovDec
 


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