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Cannon Trading Futures Blog: Daily Support and Resistance Levels

Tuesday, October 31, 2006

:US Conference Bd Oct Consumer Confidence 105.4

 =DJ DATA SNAP:US Conference Bd Oct Consumer Confidence 105.4(DJ)

 
=========================================================
 Conference Board      Oct     Sep     !Forecast: 108.0 !
 Consumer Confidence  105.4   105.9 R  !Actual: 105.4   !
 Present Situation    124.7   128.3 R  !                !
 Expectations          92.6    91.0 R  !                !
=========================================================
 
   By Michael S. Derby
   Of DOW JONES NEWSWIRES
 
  NEW YORK (Dow Jones)--U.S. consumer confidence levels posted a
small unexpected dip in October, weighed down by worries over jobs
and the economy's current state.
  The Conference Board, a private research group, reported Tuesday
that its index of consumer confidence for October ebbed to 105.4,
from the revised 105.9 seen the month before. Economists had
expected to see the index hit 108.0.
  The slide "was prompted by consumers' mixed assessment of the
present day business conditions and a less favorable view of the
job market," said Lynn Franco, who leads the organization's
Consumer Research Center. "This month's readings continue to
suggest a moderate pace of economic growth."
 
  (MORE TO FOLLOW) Dow Jones Newswires
  October 31, 2006 10:01 ET (15:01 GMT)
  Copyright (c) 2006 Dow Jones & Company, Inc. - - 10 01 AM EST
10-31-06

Keywords:  CURRENCY ENERGY FINANCIAL ECONOMY GENERAL
09:01:45   10/31/06

 

 

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