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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 ...
The Consumer Confidence Average Index (CCAI) is a monthly indicator that aggregates data from the above three major national polls on consumer confidence. It represents the rescaled average of the Conference Board Consumer Confidence Index, the University of Michigan Consumer Sentiment Index, and the Bloomberg Consumer Comfort Index.
The index is measured according to a baseline score of 100. Anything above 100 represents an increase in consumer confidence. When the index dips below 100, it means that people are anxious and ...
A 95% confidence level does not mean that 95% of the sample data lie within the confidence interval. A 95% confidence level does not mean that there is a 95% probability of the parameter estimate from a repeat of the experiment falling within the confidence interval computed from a given experiment. [25]
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If you've been scanning the financial headlines this week, you might have noticed that the Consumer Confidence Index climbed to 60.6 in January, up from 53.3 in December. This is far higher jump ...
Leading Credit Index - a composite index developed by the Conference Board consisting of six financial indicators such as yield spreads, loan survey information and investor sentiment [5] Interest rate spread (10-year Treasury vs. Federal Funds target) — The interest rate spread is often referred to as the yield curve and implies the expected ...
The Conference Board, a business research group, said Tuesday that its consumer confidence index rose to 103.3 in August from 101.9 in July. July's figure was revised up to 81.1 from its initial ...