Consumer Confidence Index Chart
Consumer Confidence Index Chart. The consumer confidence index is sensitive to developments of the labor market and is very good at confirming strength or weakness in employment, which is a major driver. This monthly report details consumer attitudes and buying intentions, with data available by age, income, and region.
Definition ofConsumer confidence index (CCI) This consumer confidence indicator provides an indication of future developments of households' consumption and saving, based upon answers regarding their expected financial situation, their sentiment about the general economic situation, unemployment and capability of savings.
Conference Board (CB) Consumer Confidence measures the level of consumer confidence in economic activity.
US Consumer Confidence Index, by annual income level
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The level of consumer confidence affects the US economy's overall trend. Here is the chart from that post. Please take some time to study the charts so you understand the story they tell.
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