Here comes consumer confidence ...

The Conference Board will publish its monthly report on US consumer confidence at 10 a.m. ET.Economists forecast that the headline index dipped in March to 114 from a 15-year high of 114.8, according to Bloomberg.The index rose to a new high after President Donald Trump's election, alongside other gauges of consumer confidence that showed renewed optimism.What other surveys have shown, however, is that feelings about the economy aresplit along party lines, with Republicans suddenly turning super-bullish and Democrats becoming bearish after their candidate lost the presidential election.Business confidence also spiked following Trump's promises to scale back regulations and cut corporate taxes.All these are part of so-called soft data that have improved since the election. Hard data that measure actual economic activity, not just expectations, have been more mixed.More to come ... SEE ALSO:UMich consumer confidence jumps more than expectedJoin the conversation about this storyNOW WATCH: 7 mega-billionaires who made a fortune last year
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