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What is consumer confidence?
What is a consumer confidence index (CCI)?
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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.
Consumer confidence and consumer sentiment are “confidence measures” that help gauge the likelihood of future consumer spending. Both measures breathe life into economic data by giving us a glimpse into the actual “experience” behind the numbers.
Apr 2, 2024 · The Consumer Confidence Index (CCI) is a survey administered by the Conference Board. The CCI measures what consumers are feeling about their expected financial situation, whether that's...
Jun 29, 2021 · Anything over a hundred means consumer confidence is increasing. The June index came in at about 127, the highest since the pandemic began — though not as high as before it began. Still, that...
Dec 21, 2022 · Updated : 2022-12-21. The Conference Board Consumer Confidence Index ® increased in December following back-to-back monthly declines. The Index now stands at 108.3 (1985=100), up sharply from 101.4 in November.
Apr 3, 2023 · Consumer confidence, measured by the Consumer Confidence Index (CCI), is defined as the degree of optimism about the state of the economy that consumers (like you...
