United States: CB Consumer Confidence better than estimates at 131.6
January 28, 2020 at 03:00 pm
The consensus counted on 128.2. The previous publication was 126.5.
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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