Consumer confidence data

Conference Board consumer confidence
  • Prior was 126.5 (revised to 128.2)
  • Expectations 102.5 vs 97.4 prior (revised prior to 100.0)
  • Present situation 175.3 vs 170.0 prior (revised prior to 170.5)
  • Jobs hard to get 11.6 vs 13.0 prior
  • 12-month inflation 4.5% vs 4.4%

This is a good sign for the US consumer early in the year and builds off a good December retail sales number.