Here Comes Consumer Confidence...
Jul 30, 2013, 19:10 IST
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Economists polled by Bloomberg are looking for consumer confidence to moderate to 81.3, from 81.4.
Three thousand homes are surveyed for this index. The headline is based on consumers perceptions of both current business and employment conditions, and their expectations six months into the future.
Investors watch this number because it offers insight into consumer spending.