United States: CB Consumer Confidence worse than estimates at 120.2
January 29, 2019 at 08:30 pm IST
The consensus counted on 125.0. The previous publication was 128.1.
This index, released each month by the Conference Board, reflects the confidence of American consumers on the U.S. economic health. It is benchmarked as the year 1985 equals 100 and the higher the figure, the stronger the consumer confidence. This statistic is a leading indicator of consumer spending, which accounts for a majority of overall economic activity.
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