US CB Consumer Confidence
CB Consumer Confidence
Consumer Confidence Rebounds Again in US
Starts Tuesday, September 24, 2019 at 14:00
Updated Tuesday, September 24, 2019
The Conference Board Consumer Confidence Index rebounded in July, following a decrease in June. It jumped to 135.7 points, up from 124.3 in June. The Index remained pretty strong in August as well and now stands at 135.1 points. After a sharp decline in June, driven by an escalation in trade and tariff tensions, Consumer Confidence rebounded in July to its highest level this year. Let's see if the ongoing trade war, geopolitical tensions, and global economic slowdown impact US consumer sentiment this month. Please follow us for live coverage of this event by experienced market analysts.
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About CB Consumer Confidence
It's a level of a composite index based on surveyed households. Released monthly, on the last Tuesday of the current month. Survey of about 5,000 households which asks respondents to rate the relative level of current and future economic conditions including labor availability, business conditions, and overall economic situation.A lower than expected number is commonly interpreted as bearish for the USD, while a high number is bullish.