A survey of how households feel about the economy
Households are asked about income and job prospects and the answers are turned into a number. Sentiment usually shifts before spending does, so it is read as a leading indicator. Methods differ between the bodies that compile it, so the change from last month matters more than the level.
A fall from 100 to 85 has been followed months later by slower growth in retail sales.
For learning, not investment advice. Decisions are your own.
StockFit · TrueNorthLabs Inc.