Level of a composite index based on surveyed households, excluding single-person homes;
Usual Effect Actual > Forecast = Good for currency;
Frequency Released monthly, about 11 days after the month ends;
Next Release Jan 14, 2015
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 5,000 households which asks respondents to rate the relative level of economic conditions including overall livelihood, income growth, employment, and climate for major purchases;
Also Called Consumer Mood, Household Confidence;