Consumer Confidence Index

Definition: A survey of 5,000 consumers about their attitudes concerning the
present situation and expectations regarding economic conditions conducted.

Importance: This report can occasionally be helpful in predicting sudden shifts in
consumption patterns. And since consumer spending accounts for two-thirds of the
economy, it gives us insights about the direction of the economy. However, only
index changes of at least five points should be considered significant.

Source: The Conference Board.

Availability: Last Tuesday of the month at 10:00am ET. Data for month prior.

Frequency: Monthly.

Revisions: The data are revised monthly based on a more complete survey
response. Seasonal factors are updated periodically. The significance of the
revision is low.

Raw Data: http://www.tcb-indicators.org/

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