scorecard
  1. Home
  2. stock market
  3. Here comes consumer confidence ...

Here comes consumer confidence ...

Akin Oyedele   

Here comes consumer confidence ...
Stock Market1 min read

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.

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

READ MORE ARTICLES ON


Advertisement

Advertisement