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The index registered a reading of 106.7 in February, down from a revised level of 110.9 in January. January's preliminary reading came in at 114, a two-year high for the measure.
The Conference Board, a business research group, said Tuesday that its consumer confidence index fell to 106.7 from a revised 110.9 in January. A reading under 80 often signals an upcoming recession.
The Conference Board, a business research group, said Tuesday that its consumer confidence index ticked down to 104.7 in March from a revised 104.8 in February.
The Nielsen Global Consumer Confidence Index measures the confidence, major concerns and spending habits of online consumers in 54 countries on the half-annual basis. The Index is developed based on consumers' confidence in the job market, status of their personal finances and readiness to spend.
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 ...
Americans’ attitudes toward the economy soured in February after a three-month streak of improving moods, according to The Conference Board’s latest consumer survey released Tuesday.
GfK’s long-running consumer confidence index rose by a significant seven points in February but remains at a “severely depressed” negative 38.
Americans are heading into 2024 more optimistic about the health of the economy than they have been in months. The Conference Board reported Wednesday that its Consumer Confidence Index, a measure ...