Consumer Confidence Index (CCI)
A survey by the Conference Board that measures how optimistic or pessimistic consumers are with respect to the economy in the near future. Investopedia Says:
The idea is that if the consumers are optimistic, they will tend to purchase more goods and services. This increase in spending will inevitably stimulate the whole economy. Related Terms:
Conference Board
Expectations Index
Michigan Consumer Sentiment Index
Present Situation Index |