Definition
A monthly survey from the Conference Board, a business research group, of how Americans feel about the economy now and over the next six months.
The story
It's similar to the University of Michigan's consumer sentiment survey but asks different questions, built around consumers' views of business conditions, the job market and income. Confidence can fall even when spending holds up, so economists read it alongside actual spending data.
Why markets watch it
Consumers drive most of the US economy, so shifts in their mood get watched for early warning signs.
Connects to
We explain why it moves markets. What you do with it is your call. Commentary and education only. Not financial advice. All terms