Data is collected during the first eighteen days of the month for release on the last Tuesday of the month. The Conference Board Revision Factor Low. Each month s data is revised the following month based on a more complete survey response. This is the only revision, although seasonal factors are updated periodically. Financial Impact Low.
Financial markets interpret rising consumer confidence as a precursor to higher consumer spending.
Higher consumer spending could in turn is expected to spark accelerated inflation. What to look for Changes in expectations for the next six months. A change in the direction of the index's six month moving average. Month to month changes do not have as much significance as the longer trend. The consumer confidence index is a leading indicator of future spending.