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Information about Consumer Confidence.

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Posted by : NIFM
31 December, 2013, 1:54 PM
Consumer confidence is a leading indicator of consumer spending, which accounts for a majority of overall economic activity that is importance for currency. Consumer Confidence Data release by The Conference Board Inc. It is released monthly, on the last Tuesday of the current month. Data Survey of about 5000 household which asks respondents to rate the relative level of current & future economic conditions, it is including business conditions, labor availability and overall economic situation. Impact: If Actual > Forecast = Good for Currency.

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