Source The Conference Board Inc. (latest release)
Measures Level of a composite index based on surveyed households;
Usual Effect'Actual' greater than 'Forecast' is good for currency;
Frequency Released monthly, on the last Tuesday of the current month;
Next Release Oct 29, 2019
Why Traders Care Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity;
Derived Via Survey of about 5,000 households which asks respondents to rate the relative level of current and future economic conditions including labor availability, business conditions, and overall economic situation;
Acro Expand The Conference Board (CB);
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