U.S. CB Consumer Confidence Rises Less-Than-Expected

 

CB United States last month more than consumer confidence is high expected, the data show on Tuesday.

The report, the research group Conference Board said U.S. consumer confidence index rose to 45.4 from 45.2 the previous month revised upwards in Figure 44.5.

Analysts had expected rise in consumer confidence last month, 46.5 CB.

Real             45.4

 

Prognosis    46.5     Above 45.2

Consumer confidence in economic activity measures the level of consumer confidence. This plays an important role in overall economic activity, consumer spending, estimated, because it is a leading indicator. Higher readings point to higher consumer optimism.

Less than expected decline in the reading of negative dollar / taken in higher than expected when playing, bull positive / dollar should be.