Open a free practice account and experience the Forex market risk-free with exclusive access to VT Trader™ 2.0.
Simulated conditions may differ from real conditions, and traders should not necessarily expect the same results from live trading.
|
Actual | Forecast | Previous | Revised Form | |
| 46.0 | 54.8 | 55.9 | N/A | ||
|
For February
Present Situation: 19.4, pr. 25.0 (Jan), 18.8 (Dec), 21.0 (Nov),
Expectations: 63.8, pr. 76.5 (Jan), 75.6 (Dec), 70.5 (Nov),
|
|||||
| 5/26 | 6/30 | 7/28 | 8/25 | 9/29 | 10/27 | 11/24 | 12/29 | 1/26 | 2/23 | ||
| Actual | 54.9 | 49.3 | 46.6 | 54.1 | 53.1 | 47.7 | 49.5 | 52.9 | 55.9 | 46.0 | |
| Forecast | 43.0 | 55.0 | 48.9 | 48.1 | 57.0 | 53.5 | 47.5 | 53.0 | 53.6 | 54.8 | |
| Previous | 40.8 | 54.8 | 49.3 | 46.6 | 54.1 | 53.4 | 48.7 | 50.6 | 53.6 | 55.9 | |
| Revised From | 39.2 | 54.9 | N/A | N/A | N/A | 53.1 | 47.7 | 49.5 | 52.9 | N/A | |
|
Actual | Forecast | Previous | Revised Form | |
| 73.6 | 74.0 | 73.7 | N/A | ||
|
Final Version for February
Current Ind.: 81.8, pr. 81.1 (Jan), 78.0 (Dec), pr. 68.8 (Nov),
12-Mo Infl.: 2.7%, pr. 2.8% (Jan), 2.5% (Dec), 2.7% (Nov),
From the Release: "“Rather than a renewed slump in confidence, the latest survey found that consumers continued to judge their income and job prospects less favorably than at any other time in the more than sixty year history of the surveys. The widespread realization among consumers that income and job prospects will remain uncertain for an extended period has heightened the importance of increasing precautionary savings and reducing debts. This will reduce the pace of spending growth, but not cause outright declines in spending. Overall, the data suggest consumer spending will rise by just 1.8% in 2010. Confidence has remained largely unchanged during the past three months at much improved levels compared with a year ago. The halt in improvement has been due to the widespread recognition among consumers that job and income prospects will remain grim throughout the year ahead. Although the survey revealed no significant additional declines in income or job prospects, these critical expectations remained at the same record low levels recorded throughout the past year. Few consumers anticipated any significant declines in the jobless rate anytime soon. More importantly, the majority expected recurrent economic weaknesses over the next several years. Buying plans are more dependent than ever on the availability of discounts. For a large range of household durables—appliances, furniture, home electronics and the like—discounts have moderately improved buying plans, but for vehicles, smaller and less frequent discounts have dimmed consumers’ purchase plans. " |
|||||
| 5/29 | 6/26 | 7/24 | 8/28 | 9/25 | 10/30 | 11/25 | 12/23 | 1/29 | 2/26 | ||
| Actual | 68.7 | 70.8 | 66.0 | 65.7 | 73.5 | 70.6 | 67.4 | 72.5 | 74.4 | 73.6 | |
| Forecast | 68.0 | 69.2 | 65.1 | 64.6 | 70.1 | 70.0 | 67.1 | 73.7 | 73.2 | 74.0 | |
| Previous | 67.9 | 69.0 | 64.6 | 63.2 | 70.2 | 69.4 | 66.0 | 73.4 | 72.8 | 73.7 | |
| Revised From | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |
|
Actual | Forecast | Previous | Revised Form | |
| 74.4 | 73.2 | 72.8 | N/A | ||
|
Final Version for January
Current Ind.: 81.1, pr. 78.0 (Dec), pr. 68.8 (Nov), 73.7 (Oct),
12-Mo Infl.: 2.8%, pr. 2.5% (Dec), 2.7% (Nov), 2.9% (Oct),
From the Release: "Consumer confidence rose in January to its highest level in two years due to a more favorable outlook for the national economy. Despite the expected gains in the economy, consumers still anticipate no improvement in their overall personal financial situation. In past economic cycles, consumers typically expected gains in their own finances to be as rapid as gains in the overall economy. This is not the case currently for substantial reasons. Consumers are overwhelmingly convinced that the worst is over but nonetheless expect stagnating income and job prospects rather than solid growth during the year ahead. Moreover, consumers feel quite vulnerable given the still fragile condition of their investments and reserve funds, the burden of their debts, especially those underwater on their mortgages, the negative impact of foreclosures and bankruptcies on their communities, and the impact of continued credit constraints that limit their flexibility. Although recent gains have extended to buying plans, it is still true that job and income uncertainty dominates purchase plans to a significant extent." |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 55.9 | 53.6 | 53.6 | 52.9 | ||
|
For January
Present Situation: 25.0, pr. 18.8 (Dec), 21.0 (Nov), 21.1 (Oct),
Expectations: 76.5, pr. 75.6 (Dec), 70.5 (Nov), 67.0 (Oct), 73.3 (Sep),
Consumer confidence rose more than expected in January, according to the index conducting by the Conference Board. The index rose to 55.9 from an upwardly revised 53.6, with the main rise in the sub-categories coming from a jump in the present situation index. The news is a welcome sign for the economy as consumers that are more confident are more willing to spend. So far it has been production gains that have powered the recovery, as firms that liquidated their inventories during the recession began placing new orders to refill their stockpiles. While retail sales were strong in October and November, they took a step back in December, sliding 0.3% on the month. A lot hinges on the labor market and whether companies begin hiring again following two years of job cuts. The take-away is that the labor market is not deteriorating further, and today's report showed more consumers that said jobs were plentiful (an increase to 4.3% from 3.1%) while those saying jobs were hard to get fell to 47.4% from 48.1%. |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 52.9 | 53.0 | 50.6 | 49.5 | ||
|
For December
Present Situation: 18.8, pr. 21.0 (Nov), 21.1 (Oct), 22.7 (Sep),
Expectations: 75.6, pr. 70.5 R+, 67.0 (Oct), 73.3 (Sep), 73.5 (Aug),
Confidence among US consumers rose in December for a second straight month bolstered by a better outlook for the labor market. The Conference Board's confidence index increased to 52.9, matching expectations. In the breakdown of the data the headline number rose on the back of a more optimistic outlook for the next six months, while current conditions continued to decline and this month hit a 26-year. The Present Situation index fell to 18.8 from 21.0 in November, while the expectations index rose to 75.6 from November's 70.5. |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 72.5 | 73.7 | 73.4 | N/A | ||
|
Final Version for December
Current Ind.: 78.0, pr. 68.8 (Nov), 73.7 (Oct), 73.4 (Sep), 66.6 (Aug),
12-Mo Infl.: 2.5%, pr. 2.7% (Nov), 2.9% (Oct), 2.2% (Sep),
From the Release: "Confidence improved in December mainly due to widespread price discounting by merchants attempting to spark holiday sales as well as somewhat more positive expectations for economic growth and employment. More consumers cited the availability of deep price discounts on a wide range of household goods than ever before in the sixty-year history of the surveys. News reports of job gains were more common in December—22% reported hearing news of job gains in early December, up from just 1% last December. News reports of job losses, however, were still more dominant, although they have declined to 45% from 60% last December. While just one-in-five expected the economy to further worsen during the year ahead, consumers were evenly split between the expectation of continued improvement and unchanged conditions in the economy. Consumers can be accurately described as much less pessimistic than a year ago—54% expected unfavorable economic conditions, down from 76% last December—largely due to the impact of the stimulus on overall economic conditions." |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 67.4 | 67.1 | 66.0 | N/A | ||
|
Final Version for November
Current Ind.: 68.8, pr. 73.7 (Oct), 73.4 (Sep), 66.6 (Aug), 70.5 (Jul),
12-Mo Infl.: 2.7%, pr. 2.9% (Oct), 2.2% (Sep), 2.8% (Aug),
US consumer confidence fell in November, with the final version showing the UMich sentiment index at 67.4, a decline from the 70.6 seen in October and 73.5 in September. That's a worrisome sign as “consumers cite their deteriorating finances as well as their uncertainty about future job and income prospects more than ever before, and this has made them very cautious spenders,” the report noted. Still, in one bit of silver lining, the final version was higher than the preliminary release which had slid all the way to 66.0. Weak consumer confidence data, especially the drop in current conditions could spell a rough 4th quarter for spending. A separate report showed personal spending for the month of October climbing 0.7%, a positive sign. Consumer spending, especially as we head into the holiday shopping season, will be an important test for the economy how fares during the holiday shopping season.
|
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 49.5 | 47.5 | 48.7 | 47.7 | ||
|
For November
Present Situation: 21.0, pr. 21.1 R+ (Oct), 22.7 (Sep), 24.9 (Aug),
Expectations: 68.5, pr. 67.0 R+ (Oct), 73.3 (Sep), 73.5 (Aug),
Consumer confidence rose to 49.5 in October, following an upwardly revised 48.7 in September. The figure was above expectations and reflected an increase in expectations more so than the present situation. The labor market outlook was slightly less pessimistic and consumers expressed a slight improvement in business conditions expectations over the next 6 months. |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 70.6 | 70.0 | 69.4 | N/A | ||
|
Final Version for October
Current Ind.: 73.7, prel. 72.1, pr. 73.4 (Sep), 66.6 (Aug), 70.5 (Jul),
12-Mo Infl.: 2.9%, prel. 2.8%, pr. 2.2% (Sep), 2.8% (Aug),
|
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 47.7 | 53.5 | 53.4 | 53.1 | ||
|
For October
Present Situation: 20.7, pr. 22.7 (Sep), 24.9 (Aug), 23.4 (Jul),
Expectations: 65.7, pr. 73.3 (Sep), 73.5 (Aug), 62.0 (Jul), 65.5 (Jun),
Consumer confidence took a step backwards in October, with the Conference Board index sliding to 467.7 from September's 53.1. The drop was a factor of both falling current conditions and weaker expectations about economic conditions over the next six months. The present situation indes fell to 20.7, a 26-year low. The data will weigh on those watching the economy's recovery with a cautious eye towards the health of consumer spending. In the minutes following the release, the greenback strengthened as the data increases risk aversion in currency markets. |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 53.1 | 57.0 | 54.1 | N/A | ||
|
For September
Present Situation: 22.7, pr. 24.9 (Aug), 23.4 (Jul), 25.0 R (Jun),
Expectations: 73.3, pr. 73.5 (Aug), 62.0 (Jul), 65.5 (Jun), 72.3 (May),
The Conference Board measure of consumer confidence unexpectedly fell for the September period. The index fell to 53.1 from August's 54.1, and was mainly led by a decline in the present situation index. Consumers viewed both current business conditions and the labor market less favorably than last month, and still remain pessimistic about the short-term outlook and their incomes. |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 73.5 | 70.1 | 70.2 | N/A | ||
|
Final Version for September
Current Index: 73.4, pr. 66.6 (Aug), 70.5 (Jul), 73.2 (Jun), 67.7 (May),
12-Mo Infl.: 2.2%, pr. 2.8% (Aug), 2.9% (Jul), 3.1% (Jun), 2.8% (May),
From the Release: "Improving economic conditions have increasingly convinced consumers that the recovery has begun, although few consumers anticipated any quick fixes to the dismal state of their own finances. “Consumers were more optimistic about prospects for the national economy, inflation, and the unemployment rate, although most consumers thought their own finances would remain problematic for some time,” said Richard Curtin, the Director of the Reuters/University of Michigan Surveys of Consumers. After fearing a slide into the abyss of an economic depression in December, consumers voiced the first signs that the depression threat had ended in April, and by September concluded the recovery had begun. Nonetheless, consumer spending will remain in low gear for an extended period of time. Curtin pegged the growth of total personal consumption expenditures at just 1.6% during 2010, well below the typical rebound in spending during the first year following a recession." |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 65.7 | 64.6 | 63.2 | N/A | ||
|
Preliminary Version for Aug
Current Index: 66.6, prel. 64.9, pr. 70.5 (Jul), 73.2 (Jun), 67.7 (May),
12-Mo Infl.: 2.8%, prel. 2.8%, pr. 2.9% (Jul), 3.1% (Jun), 2.8% (May),
|
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 54.1 | 48.1 | 46.6 | N/A | ||
|
For August
Present Situation: 24.9, pr. 23.4 (Jul), 25.0 R (Jun), 28.9 (May),
Expectations: 73.5, pr. 62.0 (Jul), 65.5 (Jun), 72.3 (May), 51.0 (Apr),
The Conference Board measure of consumer confidence surprised forecasts on the upside, increasing to a reading of 54.1 for August. The index had dropped the previous two months as consumers remained pressured by high unemployment even as stories about the economy bottoming out began to take root. In August, consumers were more upbeat about their short-term outlook for the economy and the job market. Those saying jobs are hard to find decreased to 45.1% from 48.5%. |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 46.6 | 48.9 | 49.3 | N/A | ||
|
For July
Present Situation: 23.4, pr. 25.0 R (Jun), 28.9 (May), 25.5 (Apr),
Expectations: 62.0, pr. 65.5 (Jun), 72.3 (May), 51.0 (Apr), 28.9 (Mar),
US consumer confidence slid for a second straight month in July. The present situation index, slipped to 23.4 from a revised 25.0 in June while the consumer expectations for economic activity over teh next six months fell to 62.0 from 65.5 in June. The declines are a result of a worsening job market, which is curtailing the willingness of consumers to spend. |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 66.0 | 65.1 | 64.6 | N/A | ||
|
Final Version for July
Current Index: 70.5, pr. 73.2 (Jun), 67.7 (May), 68.3, (Apr),
12-Mo Infl.: 2.9%, pr. 3.1% (Jun), 2.8% (May), 2.8% (Apr),
|
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 49.3 | 55.0 | 54.8 | 54.9 | ||
|
For June
Present Situation: 24.8, pr. 28.9 (May), 25.5 (Apr), 21.5 (Mar),
Expectations: 65.5, pr. 72.3 (May), 51.0 (Apr), 28.9 (Mar), 27.5 (Feb),
The Conference Board US consumer sentiment index unexpectedly declined to 49.3 in June, amid a weak labor market and increasing energy prices, from a downwardly revised 54.8 in May, data from the Conference Board showed. The present situation index slipped to 24.8 from May’s upwardly revised 29.7. The consumer expectations index fell to 65.5 from May’s downwardly revised 71.5. Greenback strengthens on risk aversion following sentiment data: The dollar reversed overnight losses and gained against its counterparts on Tuesday after US consumer sentiment unexpectedly declined. The weaker consumer sentiment increased risk aversion and the chances of a consumer-led economic recovery. The weak labor market is weighing on consumer spending. Thursday’s US employment report by the Labor Department will be an important indication of consumer spending. Tomorrow we will get the first indication of the US employment situation with ADP’s US employment forecast. |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 70.8 | 69.2 | 69.0 | N/A | ||
|
Final Version for June
Current Index: 73.2, prel. 74.5, pr. 67.7 (May), 68.3, (Apr), 63.3 (Mar),
12-Mo Infl.: 3.1%, prel. 3.1%, pr. 2.8% (May), 2.8% (Apr), 2.0% (Mar),
US consumer confidence rose again in June, the 4th straight month it has done so. The UMich consumer sentiment index rose to 70.8 from 68.7 in May, and rose above the 69 mid-month reading. Higher consumer confidence means consumers see the worst of the recession behind them, though unemployment continues to trend higher and consumers are not necessarily spending more. May's consumer spending data did show an increase, but the savings rate increased to a 15-year high as well. The rise in this month's data was driven by a jump in current conditions while future expectations remained around the same level. |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 68.7 | 68.0 | 67.9 | N/A | ||
|
Final Version for May
Provided by: Reuters Official Release: PDF
Current Index: 67.7, pr. 68.3, (Apr), 63.3 (Mar), 65.5 (Feb), 66.5 (Jan),
12-Mo Infl.: 2.8%, pr. 2.8% (Apr), 2.0% (Mar), 1.9% (Feb), 2.2% (Jan),
Consumer sentiment rose in May, climbing to 68.7 compared to April's 65.1, and the preliminary versions 67.9. The headline figure is the highest level the index has been since September 2008. The gains were led by an increase in future expectations, as the current index retreated slightly. Consumers believe that the economy is in its final stages of contraction and that the government's stimulus plan should spark some growth.
|
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 54.9 | 43.0 | 40.8 | 39.2 | ||
|
For May
Present Situation: 28.9, pr. 25.5 R (Apr), 21.5 (Mar), 21.1 (Feb), 29.9 (Jan),
Expectations: 72.3, pr. 51.0 R (Apr), 28.9 (Mar), 27.5 (Feb), 43.0 (Jan),
The Conference Board index of consumer confidence jumped to 54.9 for the May period, from an upwardly revised 40.8 in April. That's close to a 14 point increase, which is the fourth-largest gain in the 32-year history of the survey and returns the index to its highest level since September. The reading beat expectations that called for an increase to 43. The data will help push a theme that consumers may be seeing a rebound forming in the economy, with expectations for better business conditions, labor market and incomes. The future expectations index surged to 72.3 from 51 in April. Of course the index is rebounded from very low levels. Higher consumer confidence can mean an increase in spending which would help the economy as it tries to recover into positive growth. |
|||||