The Consumer Confidence Index measures US consumers' attitudes toward current and expected future economic conditions, published monthly by the Conference Board, a nonprofit business research organization, from a survey of roughly 3,000 US households first conducted starting in 1967 and set to a base value of 100 in 1985. Because household spending decisions are shaped heavily by consumers' own sense of job security and income prospects, the index is closely watched as a leading indicator of future consumer spending, the largest single component of US GDP, though it is one of several such sentiment gauges alongside the separately compiled University of Michigan index.
Facts
Classification
Release FrequencySourced to the subject's own account Timing ClassSourced to the subject's own account Geography
Geographic ScopeUnited States (The Conference Board) 2 In the Other Atlases
Sources
1. Consumer confidence index (Wikipedia)
WikipediaWikipedia, "Consumer confidence index", lead section
A consumer confidence index (CCI) is an economic indicator published by various organizations in several countries.
Introduction, frequency
The Consumer Confidence Index measures US consumers' attitudes toward current and expected future economic conditions, published monthly by the Conference Board, a nonprofit business research organization, from a survey of roughly 3,000 US households first conducted starting in 1967 and set to a base value of 100 in 1985.
Introduction, timing-class
Because household spending decisions are shaped heavily by consumers' own sense of job security and income prospects, the index is closely watched as a leading indicator of future consumer spending, the largest single component of US GDP, though it is one of several such sentiment gauges alongside the separately compiled University of Michigan index.
View the Source 2. The Conference Board Consumer Confidence Index
Reader Challenges (0)
No disputes yet. Spotted an error or a better source? Open the first one.
Sign in to dispute this or suggest a correction.