+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Here comes consumer confidence ...

Jan 26, 2016, 20:12 IST

We'll get the latest reading on how US consumers feel about the economy, and their outlook, at the top of the hour from the Conference Board.

Advertisement

Economists estimate that the monthly consumer confidence index was 96.5 for January, unchanged from the prior reading.

In a preview to clients, Barclays economists wrote "Despite the sharp declines in retail gas prices, jobless claims have moved higher and stock prices have fallen more than 5 percent year-to-date. These factors suggest a pullback in sentiment, but the preliminary reading of the University of Michigan survey suggests such a decline should not be severe."

We'll have the full details at the top of the hour.

NOW WATCH: NASA scientists are baffled by a mysterious pyramid structure they found in space

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article