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.

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We look at what this closely watched economic indicator means and how it is calculated. Understanding the Consumer Confidence Index
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Indicator, published monthly by the Conference Board, of consumers' attitudes and buying intentions. It surveys 5,000 U.S. Households using (as of early 2006) 1985 as a base year with an index of 100. Subsequent periods are recorded as a percentage change. See also Confidence Index.