2018 Economic Calendar
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Consumer Confidence  
Released On 5/29/2018 10:00:00 AM For May, 2018
PriorConsensusConsensus Range
Consumer Confidence - Level128.7 128.1 125.5  to 130.0 

Consensus Outlook
Most confidence readings, whether for consumers or businesses, have been topping off but not the consumer confidence index which forecasters, at a May consensus of 128,1, see holding onto this year's gains. This index began to test the 130 level back in February on the strength of employment assessments and income prospects.

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
 

2018 Release Schedule
Released On: 1/302/273/274/245/296/267/318/289/2510/3011/2712/27
Release For: JanFebMarAprMayJunJulAugSepOctNovDec
 


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