Source | |
Measures | Change in the inflation-adjusted value of all expenditures by consumers; |
Usual Effect | 'Actual' greater than 'Forecast' is good for currency; |
Frequency | Released monthly, about 35 days after the month ends; |
Next Release | |
Why Traders Care | Consumer spending accounts for a majority of overall economic activity. It's one of the most important gauges of economic health due to the vast ripple effect consumer buying creates in the economy; |