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Consumer confidence and sentiment surveys measure how people are doing financially, how they look at the overall economy of the country or business conditions in the country, if they think that the government is doing a good or a poor job and if people think that it is a good or a bad time to buy a car or to buy or sell a house.
The Consumer Confidence Average Index (CCAI) is a monthly indicator that aggregates data from the above three major national polls on consumer confidence. It represents the rescaled average of the Conference Board Consumer Confidence Index, the University of Michigan Consumer Sentiment Index, and the Bloomberg Consumer Comfort Index.
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 average rate on a 30-year fixed-rate mortgage soared to 6.72% by the end of October from a more than 1-1/2-year low of 6.08% in late September when the Fed began easing policy.
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 ...
But the steepest gains were among people ages 35 to 54 and households earning at least $125,000 a year. ... The unemployment rate has hovered between 3.4% and 3.7% all year — right in range of ...
The Conference Board’s consumer confidence index surged to 108.7 in October from 99.2 in September. That’s the biggest monthly gain since March 2021 and blows past analysts’ forecast of 99.3.
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).