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Matthew Boesler

UDPATE: The University of Michigan's preliminary consumer confidence survey for the month of January is out.

Click here for updates >

The index fell to 71.3 from last month's reading of 72.9, defying expectations of a rise to 75.0.

The economic conditions index fell to 84.8 in January from 87.0 the month before.


ORIGINAL: Minutes away from the only economic data release in the United States today – the University of Michigan's consumer confidence survey, due out at 9:55 AM ET.

Economists expect the index to rise to 75.0 from last month's reading of 72.9.

We will have the number LIVE at 9:55 AM ET. Click here for updates >

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