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In countries like China, as much as half the national gross domestic product comes from public-sector investments. But in the U.S., consumption is king. About 70% of the U.S. GDP is the result of...
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 ...
Consumer Sentiment Index 1952 - 2022. 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 ...
The consumer confidence index rose to 102 in May, up from 97.5 in April, the business group’s monthly survey found. “Nonetheless, the overall confidence gauge remained within the relatively ...
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 January Consumer Price Index (CPI) jumped by 7.5% year-over-year to represent the largest increase since 1982, accelerating markedly from the 7.0% increase from December. And on the producer ...
GfK’s Consumer Confidence Index fell three points in August to minus 44, its lowest figure since records began.
The Conference Board's consumer confidence index increased to 110.7 this month, the highest reading since July, from a downwardly revised 101.0 in November. Economists polled by Reuters had ...