Consumer Confidence Index

(redirected from Consumer confidence)
Also found in: Acronyms.

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 jumps in global consumer confidence and reinvigorated spending habits have been driven by improved confidence for jobs and employment, which has steadily risen in the past six months.
While increased leasing activity, pockets of tightening space, and fewer and fewer short-term subleases are evidence of a market in recovery, we know that the market ebbs and flows with consumer confidence.
The consumer confidence index was at its highest point in four months.
The Consumer Confidence Survey is based on a representative sample of 5,000 U.
With at least two further interest rate rises predicted this year consumer confidence is likely to start to fall back in the coming months.
To a certain extent, then, it can be said that consumer confidence is a self-perpetuating spiral.
The GfK NOP Consumer Confidence Index soared by 10 points during the month to stand at minus 21, the second biggest rise in the survey's 37-year history.
PRINCETON, NJ -- Consumer confidence for the month of September improved modestly over August, with most of the gains coming in the last half of the month.
UAE consumers see ray of hope for economic recovery as Nielsen quarterly consumer confidence index increases UAE consumer confidence level increases 4 points from 89 to 93, ranking it 7th most optimistic nation globally
Lebanon, Saudi Arabia and Qatar remain the most optimistic countries in the region, according to the MasterCard Worldwide Index of Consumer Confidence survey for the second half of 2009, the pan-Arab daily ASHARQ AL AWSAT reported Friday.
The ICTE, which measures consumer confidence in technology and consumer electronics, is nearly 8% higher than the same period last year.
The UAE and Saudi Arabia, with an index of 107 and 100, were the only Middle Eastern nations to make it to the top 10 in consumer confidence.

Full browser ?