Consumer Confidence, often referring to the Conference Board's index, measures how optimistic or pessimistic consumers are regarding their expected financial situation. It is a leading indicator as it can predict consumer spending, which accounts for a majority of overall economic activity. When consumers feel confident, they tend to spend more, driving economic growth and corporate earnings. A rising trend in this index is generally seen as a positive sign for the stock market and the national currency.
The index is calculated based on a monthly survey of about 5,000 households. It assesses current business and employment conditions, as well as expectations for the next six months.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Jan 30, 2023 | -24.60 | — | — |
| Jan 6, 2023 | -29.50 | — | — |
| Nov 29, 2022 | -29.80 | — | — |
| Oct 28, 2022 | -31.00 | — | — |
| Sep 29, 2022 | -32.20 | — | — |
| Aug 30, 2022 | -31.10 | — | — |
| Jul 28, 2022 | -33.20 | — | — |
| Jun 29, 2022 | -23.90 | — | — |
| May 30, 2022 | -23.60 | — | — |
| May 2, 2022 | -20.50 | — | — |
| Mar 30, 2022 | -19.50 | — | — |
| Feb 25, 2022 | -7.70 | — | — |
| Jan 28, 2022 | -8.10 | — | — |
| Jan 7, 2022 | -8.70 | — | — |
| Nov 29, 2021 | -3.90 | — | — |
| Oct 28, 2021 | -1.60 | — | — |
| Sep 29, 2021 | -3.40 | — | — |
