Loading the Agenda…
Loading the Agenda…
Worth notingAgendaTue, Oct 27 ET 10:00 AM1 min read
The Conference Board's consumer confidence survey asks households about current economic conditions and their expectations; the previous reading was 81.9. It measures attitudes, not purchases. Recent retail sales dollars were lifted by higher gasoline prices rather than establishing broadly stronger discretionary demand, so this survey adds evidence about how secure households feel about jobs, income and future spending.[1]
Last release 81.9
Watch households' answers about jobs, income and the economic outlook. Improving confidence would support revenue expectations for retailers, restaurants and sellers of postponable purchases, but actual sales must confirm it. Weaker confidence raises promotion and inventory risks, while necessities generally have more stable demand. Follow income and inflation-adjusted spending to distinguish buying more from merely paying more.[1]