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Consumer confidence. Consumer confidence is an economic indicator that measures the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. If the consumer has confidence in the immediate and near future economy and his/her personal finance, then the consumer will spend more than save.
A consumer confidence index ( CCI) is an economic indicator published by various organizations in several countries. In simple terms, increased consumer confidence indicates economic growth in which consumers are spending money, indicating higher consumption. Decreasing consumer confidence implies slowing economic growth, and so consumers are ...
U.S. consumer confidence held steady this month even as Americans wrestle with higher prices and feel less optimistic about the short-term future. The Conference Board, a business research group ...
The Consumer Confidence Index is a reflection of the discussions that take place at kitchen tables, at water coolers and more commonly, on remote-work platforms like Slack every day across the ...
The Conference Board's Consumer Confidence Index for July hit a reading of 117, the highest level in two years, according to new data released Tuesday morning. Economists surveyed by Bloomberg had ...
The stronger consumer confidence is the latest sign of an economy apparently riding into 2024 clear of a recession, commonly defined as two back-to-back quarters of negative change in gross ...
The American consumer's confidence jumped in June to its highest level in 18 months as a strong labor market continues to buoy the U.S. economy. The Conference Board reported Tuesday that its ...
The University of Michigan Consumer Sentiment Index is a consumer confidence index published monthly by the University of Michigan. The index is normalized to have a value of 100 in the first quarter of 1966. [1] Each month at least 500 telephone interviews are conducted of a contiguous United States sample. Fifty core questions are asked.