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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 ...
The Consumer Confidence Index is a reflection of the discussions that take place at kitchen tables, at water coolers and more commonly, on remote-work platforms like Slack every day across the ...
U.S. Consumer Confidence Index – Begun by The Conference Board in 1967, this monthly survey of 5,000 households is widely established as the leading measure of American consumer confidence. [15] Results from the household survey are tabulated to provide a barometer of the U.S. economy (currently indexed to the year 1985 = 100).
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...
The Conference Board's Consumer Confidence Index hit its highest level in two years on Tuesday morning in the latest sign that the US economy has held up better than many predicted.
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. Responses to the Conference Board's ...
Consumer confidence tumbled in September as Americans grew increasingly worried about a cooling labor market. The latest index reading from the Conference Board was 98.7, below the 105.6 seen in ...