Economic IndicatorsBeginner📖 3 min read

Consumer Confidence Index

Measuring the optimism of the average shopper.

Type
Leading Indicator
Driver
Psychology

The Consumer Confidence Index (CCI) is a survey that measures how optimistic or pessimistic consumers are regarding their expected financial situation. High confidence often predicts higher Retail Sales.

The Sentiment Factor

If people feel secure about their jobs, they spend money. If they worry about the future, they save. This index captures that sentiment.

Key Takeaways

1

Predicts future spending habits.

2

Influenced by inflation and job market.

3

Leading indicator for GDP.

Related Terms

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