Consumer Confidence Index


Also found in: Acronyms, Wikipedia.

Consumer Confidence Index

An index published by The Conference Board measuring public opinion about the economy. The Consumer Confidence Index surveys consumers' buying habits, level of optimism, and expectations for the future. The index has a base value of 100; The Conference Board declares a recession whenever two consecutive quarters have values below 100. Information contained in the index is based on monthly surveys of 5,000 American households.

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.

Consumer confidence index.

The consumer confidence index is released each month by the Conference Board, an independent business research organization.

It measures how a representative sample of 5,000 US households feel about the current state of the economy, and what they anticipate the future will bring. The survey focuses specifically on the participants' impressions of business conditions and the job market.

Economic observers follow the index because when consumer attitudes are positive they are more likely to spend money, contributing to the very economic growth they anticipate. But if consumers are worried about their jobs, they may spend less, contributing to an economic slowdown.

Mentioned in ?
References in periodicals archive ?
The results of the Byblos Bank/AUB Consumer Confidence Index for the third quarter of 2016 show that female consumers had a relatively higher level of confidence than their male counterparts; while consumers in the 40 to 49 year-old bracket posted the highest confidence level relative to citizens in other age brackets during the covered quarter.
Turkey's consumer confidence index hit a six-and-a-half-year low of 58.
The results of the Byblos Bank/AUB Consumer Confidence Index for the second half of 2014 show that male consumers had a relatively higher level of confidence than their female counterparts.
The Conference Board Consumer Confidence Index rebounded in February, where the Index now stands at 69.
consumer confidence index down in August(C)2012 M2 COMMUNICATIONS http://www.
ANKARA, October 17, 2011(TUR) - Consumer confidence index in Turkey in September was up 2.
The latest results from the recent Consumer Confidence Index survey carried out by Bayt.
Dubai The Dubai Department of Economic Development (DED) has announced the launch of a quarterly Consumer Confidence Index (CCI) to evaluate consumer impressions on the state of the economy and the key drivers of consumer behaviour.
The Nationwide Consumer Confidence Index registered one of its biggest-ever monthly rises to stand 11 points ahead of its April figure at 55 - the highest level since December last year.
Qatar recorded the highest drop in consumer confidence in the region after last quarter's impressive rise, according to the latest Consumer Confidence Index (CCI).
Consumer confidence in October remained unchanged compared with the previous month, according to the Consumer Confidence Index (ICC-ICO), which is published monthly by the European Commission.
Nielsen's Global Consumer Confidence Index puts the South Asian country top of the list with a score of 129, ahead of Indonesia and Vietnam, tied for second place with 119.

Full browser ?