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Consumer Confidence Index

   Also found in: Acronyms, Wikipedia 0.03 sec.
Consumer Confidence Index
A measure of consumer views regarding the current economic situation and consumer expectations for the future. Information for the index is compiled and released on the last Tuesday of each month by the Conference Board, an independent not-for-profit research group. Consumer views of the economy affect consumer spending, which makes up two thirds of the U.S. economy.

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Composite Series: Index Numbers, 1985=100 Consumer Confidence Index 105.
The consumer confidence index dropped 2 points to 102.
When the Consumer Confidence Index, a widely cited barometer of the nation's economy, has been at 100 or more the September before a presidential election, the incumbent party has won the popular vote; when it has been below, the opponent has won--except in the election of 1968.
 
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