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The Conference Board's Expectations Index dropped to a five-month low of 81.1 in December. That data nears the threshold of 80, which typically signals a recession ahead.
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. Fifty core questions are asked. [2] The consumer confidence measures were devised in the late 1940s by Professor George Katona at the University of Michigan. They have ...
The Conference Board's consumer confidence index declined by 8.1 points in December to 104.7, below the 113.2 expected by economists surveyed by Bloomberg. ... Conference's Board's release and ...
The Conference Board's Consumer Confidence Index for July hit a reading of 117, the highest level in two years, according to new data released Tuesday morning. Economists surveyed by Bloomberg had ...
The Conference Board said Tuesday that its consumer confidence index jumped to 108.7 in October from 99.2 in September. It was the biggest monthly gain since March of 2021. Analysts forecast a ...
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 Conference Board said Tuesday that its consumer confidence index jumped to 108.7 in October from 99.2 in September. It was the biggest monthly gain since March of 2021. Analysts forecast a ...
The Conference Board’s consumer confidence index surged to 108.7 in October from 99.2 in September. That’s the biggest monthly gain… Consumer confidence surges ahead of election