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Economy

Economic Data (USA)

Tuesday, April 25, 2006

Consumer Confidence Report for April, 2006

The Consumer Confidence Index (CCI) for this month (April, 2006) was released this morning:

Consensus: 105.5
Actual: 109.6

The "consensus" is what economists were expecting, while the "actual" is the actual or real figure.

Every month, 5,000 consumers are asked how they feel about the current U.S. economy, and about their feelings regarding the future of the U.S. economy.

When consumers feel good about the economy, they tend to do more spending, and vice versa.

The Consumer Confidence Index is produced by The Conference Board.

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