2017 Economic Calendar
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Consumer Confidence  
Released On 7/25/2017 10:00:00 AM For Jul, 2017
PriorConsensusConsensus Range
Consumer Confidence - Level118.9 117.0 115.0  to 118.0 

Recent History Of This Indicator
Unlike other readings on consumer spirits, the consumer confidence index has not been falling back from post-election highs. For the first-time in nearly 20 years ago, the index has posted 7 straight readings over 110 including June's 118.9. The Econoday consensus for July is very near that, at 117.0. In a positive indication for the labor market, the jobs-hard-to-get component has been in decline, falling to only 18.0 percent in June and a new low for the expansion.

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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