Consumer Confidence Index

(redirected from Consumer expectations)

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 ?
However, consumer expectations dimmed while feelings about the current economic situation rose, according to the survey.
Half of the 10 components that make up the index made positive contributions, led by building permits (0.23%) and jobless claims (0.16%), with solid gains in stock prices (0.14%), the leading credit index (0.14%) and average consumer expectations (0.12%).
'We understand the importance of taste and encourage customers who are working on innovative products to talk to us about meeting and exceeding both their own and consumer expectations,' comments Street.
With increasing pressure from insurtechs coupled with skyrocketing consumer expectations, response time today must now be measured in minutes, not hours or days.
By contrast, the University of Michigan survey reflected a rise in the Index of Current Economic Conditions to 113.3 from 108.5 while Consumer Expectations improved to 88.8 from 84.4.
said both consumer and business sentiment turned more upbeat in the first quarter, based on the BSP's Business Expectations Survey and Consumer Expectations Survey.
Consumer expectations for transparency and trust in the companies from which they purchase have increased by an astronomical 250 percent in the past year, according to Brand Keys' 24th annual "Customer Loyalty Engagement Index."
Updating the goat Code of Practice that will respond to growing buyer and consumer expectations for on-farm animal welfare; and
FamilyTreeDNA maintains that the FBI doesn't have "unfettered access" to their database, but others believe the deal is deeply flawed and is out of line with industry best practices and consumer expectations.
Consumers were also more confident with the Indicator driven by improved consumer expectations regarding their financial conditions, savings and the future economic prospects in Cyprus.
The Consumer Expectations Survey (CES) for Q1 2018 obtained from the CBN website over the weekend was conducted during the period of March 16 to 27, 2018, covering a sample size of 2,070 households drawn from 207 Enumeration Areas' (EAs) across the country.
Results of the BSP's Consumer Expectations Survey showed weaker consumer confidence in economic prospects from local consumers in January to March this year, with the overall confidence index (CI) declining to 1.7 percent, from 9.5 percent in the previous quarter.

Full browser ?