U.S. ECO PREVIEW: Consumer Confidence Due in 5 Minutes
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Conference Board’s Consumer Confidence Index seen at 108.8 in Dec. vs 107.1 in Nov. (forecast range 105 to 111); index based on random sample of ~3k households.
Alert: HALISTER1- Nov. reading was highest since July 2007
- “The labor components of the survey -- jobs plentiful and jobs hard-to-get -- may provide deeper insight into the recent decline in unemployment, from 5.0% in September to 4.6% in November, thereby helping Fed officials to better understand the extent of slack, if any, remaining in the labor market": Bloomberg Intelligence
Source: BFW (Bloomberg First Word)
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UUID: 7947283