| Definition:
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Consumer Confidence is a survey of 5000 households conducted monthly by the Conference Board (a New York based research firm). The survey is designed to measure consumers' confidence in the economy. The index has two major components: the expectations index and the present situation index. It asks five basic questions regarding business conditions now and in six months, job availability now and in six months and family income in six months. It also tracks plans for large purchases (autos, homes, vacations and major appliances).
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| Meaning:
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The index is based on a score of 100 set in 1985. The higher the index rises over 100, the stronger the consumer confidence level. The index is a leading indicator and helps to forecast the strength of consumer spending.
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| Weight:
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**
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| Source:
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The Conference Board
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| Availability:
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Data is collected the first 18 days of the month and released the last Tuesday of the month
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| Frequency:
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Monthly
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| Coverage:
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Data is for the same month (Data for June is released in June)
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| Volatility:
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Moderate
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Impact on the Markets:
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| Interest Rates:
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Consumer Confidence  =
Interest Rates
Consumer Confidence  = Interest Rates
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| Fixed-income:
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Consumer Confidence =
Bond Market
Consumer Confidence = Bond Market
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| Equities:
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Consumer Confidence =
Stock Market
Consumer Confidence = Stock Market
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| Dollar:
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Consumer Confidence = Uncertain
Consumer Confidence = Uncertain
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| More Information:
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The Conference Board
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