Consumer Confidence
Consumer sentiment and spending outlook indicators
Consumer Confidence & Forex
Consumer confidence measures how optimistic consumers feel about the economy and their financial situation. Since consumer spending represents 60-70% of most developed economies, confidence indicators are leading signals for economic growth and currency strength. High confidence typically supports currency strength, while low confidence can weaken it.
Consumer Confidence Index
MEDIUM IMPACT - USD
Conference Board's monthly survey of 3,000 US households on current conditions and future expectations.
University of Michigan
MEDIUM IMPACT - USD
UMich Consumer Sentiment, released twice monthly with preliminary and final readings.
Present Situation Index
CURRENT CONDITIONS
Component measuring how consumers view current economic and employment conditions.
Expectations Index
FORWARD LOOKING
Component measuring consumer expectations for economy, employment, and income over next 6 months.
Buying Plans
SPENDING INTENTIONS
Consumer intentions to purchase major items like homes, cars, and appliances in coming months.
Inflation Expectations
FED POLICY INPUT
Consumer expectations for inflation over next year, important for Fed policy and currency outlook.
Trading Consumer Confidence
High Confidence Impact
- ↑Rising confidence → Increased spending → Economic growth → Currency strength
- ↑Strong buying plans → Retail sales growth → GDP expansion
- ↑Job market optimism → Wage growth expectations → Inflation pressure
Low Confidence Impact
- ↓Falling confidence → Reduced spending → Economic slowdown → Currency weakness
- ↓Pessimistic expectations → Recession signals → Dovish policy expectations
- ↓Below-80 expectations index → Historical recession indicator