| Source | |
| Measures | Level of a diffusion index based on surveyed consumers; |
| Usual Effect | 'Actual' greater than 'Forecast' is good for currency; |
| Frequency | Released monthly, usually on the third Friday of the current month; |
| Next Release | |
| FF Notes | Above 0 indicates optimism, below indicates pessimism; |
Why Traders
Care | Financial confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity; |
| Derived Via | Survey of about 2,000 consumers which asks respondents to rate the relative level of past and future economic conditions, including personal financial situation, climate for major purchases, and overall economic situation; |
