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Consumer Confidence  
Released On 12/27/2018 10:00:00 AM For Dec, 2018
 PriorPrior RevisedConsensusConsensus RangeActual
Index135.7 136.4 134.0 131.0  to 135.6 128.1 
US 6-Mo ChartGlobal Current
performance relative to consensus

Consensus Outlook
Though probably not within striking distance of its all-time high hit 18 years ago at 144.7, the Conference Board's consumer confidence index, boosted by its heavily weighted employment components, has been holding steady just short of the record. But forecasters see decreasing strength in December, with the consensus at 134.0 vs 135.7 in November.

Relative Performance Index

Econoday's RPI provides a handy summary measure of how an economy has recently been evolving relative to market expectations.
A reading above zero means that the economy in general has been performing more strongly than expected and vice versa for a reading below zero. The closer is the value to the maximum (+100) or minimum (-100) levels, the greater is the degree to which markets have been under- or over-estimating economic activity. A zero outturn would imply that, on average, the market consensus has been correct. Note too that the index is sensitized to place extra weight upon those indicators that investors consider to be the most important.

 

Definition
The Conference Board's confidence report surveys consumers on their assessments of the labor market, business activity, and their own financial conditions. The survey is conducted by Toluna, an online community platform. (Conference Board and Toluna) Why Investors Care

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