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United States USD

United States CB Consumer Confidence

Impact:
High

Latest Release:

Date:
Surprise:
-1.5
| USD
Actual:
86
Forecast: 87.5
Previous/Revision:
93.9
Period: Apr

Next Release:

Date:
Forecast: 84
Period: May
What Does It Measure?
The CB Consumer Confidence Index measures the degree of optimism that consumers have in the economy, specifically their expectations regarding future economic conditions. It primarily focuses on consumer sentiment related to employment opportunities, business conditions, and overall economic outlook, serving as a key indicator of consumer spending and economic health at the national level.
Frequency
The Consumer Confidence Index is released monthly, typically on the last Tuesday of each month, and includes both preliminary and final figures.
Why Do Traders Care?
Traders closely monitor the Consumer Confidence Index as it directly influences consumer spending, which is a major driver of economic growth. Higher-than-expected readings can lead to bullish sentiments in currencies and equities, while lower figures may prompt concerns about economic slowdown and bearish market reactions.
What Is It Derived From?
The index is derived from a monthly survey conducted among a sample of 5,000 households, focusing on respondents' perceptions of current and future economic conditions. The survey employs diffusion indices to capture sentiments regarding employment, income, and purchasing plans, with responses weighted to reflect population demographics.
Description
The CB Consumer Confidence Index provides insights into consumer attitudes and spending behavior by measuring expectations for the economy, thereby serving as a leading indicator for economic trends. The preliminary report, based on initial survey feedback, is crucial for informed market speculation, while the final report offers more comprehensive and accurate data that might adjust market perceptions.
Additional Notes
The Consumer Confidence Index is seen as a leading economic indicator, providing insights into future consumer demand and potentially influencing GDP growth. It is often compared with other sentiment indicators, such as the University of Michigan Consumer Sentiment Index, and remains a vital aspect of understanding consumer behavior both domestically and in relation to global economic trends.
Bullish or Bearish for Currency and Stocks
Higher than expected: Bullish for USD, Bullish for Stocks. Lower than expected: Bearish for USD, Bearish for Stocks. Hawkish tone: Signaling higher consumer confidence and spending, is usually good for the USD but bad for Stocks due to concerns about inflation impacting future growth.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
86
87.5
93.9
-1.5
92.9
94
100.1
-1.1
98.3
102.5
105.3
-4.2
104.1
105.6
109.5
-1.5
104.7
113
112.8
-8.3
111.7
111.3
109.6
0.4
108.7
99.5
99.2
9.2
98.7
103.8
105.6
-5.1
103.3
100.7
101.9
2.6
100.3
99.7
97.8
0.6
100.4
100
101.3
0.4
102
95.9
97
6.1
97
104
103.1
-7
104.7
107
104.8
-2.3
106.7
115
110.9
-8.3
114.8
115
108
-0.2
110.7
104
101
6.7
102
101
99.1
1
102.6
100
104.3
2.6
103
105.5
108.7
-2.5
106.1
116
117
-9.9
117
111.8
110.1
5.2
109.7
104
102.5
5.7
102.3
99
103.7
3.3
101.3
104
104
-2.7
104.2
101
103.4
3.2
102.9
108.5
106
-5.6
107.1
109
109
-1.9
108.3
101
101.4
7.3
100.2
100
102.2
0.2
102.5
106.5
107.8
-4
108
104.5
103.6
3.5
103.2
97.7
95.3
5.5
95.7
97.2
98.7
-1.5
98.7
100.4
103.2
-1.7
106.4
103.9
108.6
2.5
107.3
108
107.6
-0.7
107.2
107
105.7
0.2
110.5
110
111.1
0.5
113.8
111.8
115.2
2
115.8
110.8
111.9
5
109.5
111
111.6
-1.5
113.8
108.3
109.8
5.5
109.3
114.5
115.2
-5.2
113.8
124
125.1
-10.2
129.1
123.9
128.9
5.2
127.3
119
120
8.3
117.2
119.2
117.5
-2
121.7
113
109
8.7
109.7
96.9
90.4
12.8
91.3
90
88.9
1.3
89.3
89
87.1
0.3
88.6
97
92.9
-8.4
96.1
98
101.4
-1.9
100.9
102
101.3
-1.1
101.8
89.5
86.3
12.3
84.8
93
91.7
-8.2
92.6
94.5
98.3
-1.9
98.1
91.8
85.9
6.3
86.6
87.5
85.7
-0.9
86.9
87.9
118.8
-1
120
110
132.6
10
130.7
132
130.4
-1.3
131.6
128
128.2
3.6
126.5
128.2
126.8
-1.7
125.5
127
126.1
-1.5
125.9
128
126.3
-2.1
125.1
133.5
134.2
-8.4
135.1
129.5
135.8
5.6
135.7
125
124.3
10.7
121.5
131.1
131.3
-9.6
134.1
130
129.2
4.1
129.2
126
124.2
3.2
124.1
132
131.4
-7.9
131.4
124.7
121.7
6.7
120.2
124.9
126.6
-4.7
128.1
133.7
136.4
-5.6
135.7
135.9
137.9
-0.2
137.9
136
135.3
1.9
138.4
132
134.7
6.4
133.4
126.7
127.9
6.7
127.4
126
127.1
1.4
126.4
128
128.8
-1.6
128
128
125.6
128.7
126
127
2.7
127.7
131
130
-3.3
130.8
126.2
124.3
4.6
125.4
123.1
123.1
2.3
122.1
128
128.6
-5.9
129.5
124
126.2
5.5
125.9
121
120.6
4.9
119.8
120
120.4
-0.2
122.9
120.3
120
2.6
121.1
116.5
117.3
4.6
118.9
116
117.6
2.9
117.9
119.8
119.4
-1.9
120.3
122.5
124.9
-2.2
125.6
114
116.1
11.6
114.8
111
111.6
3.8
111.8
113
113.3
-1.2
113.7
108.5
109.4
5.2
107.1
101.2
100.8
5.9
98.6
101
103.5
-2.4
104.1
99
101.8
5.1
101.1
97
96.7
4.1
97.3
95.9
97.4
1.4
98
93.3
92.4
4.7
92.6
96
94.2
-3.4
94.2
96
96.1
-1.8
96.2
94
94
2.2
92.2
97
97.8
-4.8
98.1
96.5
96.3
1.6
96.5
93.6
92.6
2.9
90.4
99.5
99.1
-9.1
97.6
103
102.6
-5.4
103
96.1
101.3
6.9
101.5
93.4
91
8.1
90.9
100
99.8
-9.1
101.4
97.2
94.6
4.2
95.4
95
94.3
0.4