Consumer Confidence
Consumer Confidence is based on a monthly survey of 5000 households. The report reflects changes in consumption patterns. Index changes of at least five points are considered significant. The index consists of two subindexes: consumers' appraisal of current conditions (40% of the total index) and future expectations (60% of the total index). Moving averages of 3-6 months are sometimes used to spot changes in trend and eliminate noise. The Federal Reserve pays close attention to Consumer Confidence when determining interest rates.
Source: http://www.tcb-indicators.org/
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