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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.
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 ...
Consumer sentiment is simply a gauge of how confident Americans feel about their finances. That may seem to be a meaningless, nebulous statistic, but as consumer spending is the driving force ...
The University of Michigan’s closely watched Consumer Sentiment Index surged to a seven-month high in December, reflecting improved current economic conditions while also signaling growing ...
WASHINGTON (Reuters) - U.S. consumer sentiment sagged to a six-month low in May as households worried about the higher cost of living and unemployment, but economists cautioned against drawing ...
The University of Michigan's consumer sentiment index edged up to 67.8 after coming in at 66.4 in July. Americans' expectations for the future rose, while their assessment of current economic ...
In October, Republicans reported a much clearer drop in sentiment than Democrats. Still, consumers have kept spending despite their gloomy responses to economic confidence surveys, buoying the ...