HERE COMES CONSUMER CONFIDENCE ...

Denard Robinson

Photo: AP Images

Minutes away from the preliminary results of the University of Michigan’s monthly consumer confidence survey, due out at 9:55 AM ET.Economists expect the index to rise to 78.0 from last month’s 77.6 reading.

Last week, the┬áIBD/TIPP Economic Optimism Index decreased to 42.2 from February’s 47.3 reading.

IBD/TIPP is considered a good leading indicator for the Michigan series.

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