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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 ...
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.
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 ...
In June, consumer confidence spiked to its highest point in nearly a year and half as household employment grew amid a reopening economy, according to The Conference Board. Modern Money Etiquette ...
Fannie Mae’s gauge of housing sentiment jumped 2.9 points in December to 67.2, its highest level since April 2022. The boost was driven by increased optimism that mortgage rates will soften over ...
WASHINGTON (Reuters) -U.S. consumer confidence increased to a five-month high in December, with Americans growing more optimistic about current and future business conditions as well as the labor ...
Indeed, in the survey, the gauge measuring sales outlook over the next six months plunged 13 points to 46 and hit its lowest level since December 2023. The prospective buyer traffic gauge posted a ...
U.S. consumer confidence held steady this month even as Americans wrestle with higher prices and feel less optimistic about the short-term future. The Conference Board, a business research group ...