Investor Glossary-consumer confidence indexInvestor Glossary-consumer confidence indexInvestor Glossary-consumer confidence indexInvestor Glossary-consumer confidence indexInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Consumer Confidence Index

The HTML to link to this page
 

The Consumer Confidence Index (CCI) gauges the level of optimism of Americans toward the U.S. economy. The Consumer Confidence Index is determined by The Conference Board, a business and research group. Each month it asks U.S. households how they rate business conditions and job availability, as of now and six months from now. It then calculates an overall Consumer Confidence Index, as well as a Present Situation Index and an Expectations Index. The data for the Consumer Confidence Index is collected during the first 18 days of the month and released on the last Tuesday of the month at 10 AM. The Consumer Confidence Index has historically been used as an indicator of future consumer spending. Thus the Consumer Confidence Index points to the overall strength of the economy and, in turn, the inflation outlook. Some economists question the value of the Consumer Confidence Index, however, noting that actual consumer spending doesn't always track what the Consumer Confidence Index predicts.



Rate this consumer confidence index definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: inflation, deferred tax, ex-dividend date, 144a, class C shares, debt service coverage, balance sheet, command economy, stock split, reverse mortgage, wholly-owned subsidiary, average price per share, 1035 exchange, Key Rate Duration, margin rate, VIX, open position, covered put, annual return, per diem, required rate of return, retained earnings, irrevocable trust, risk management, LIBOR, deferred revenue, 401a, in escrow, EBITDA, diluted share, minority interest, FICO score, current ratio, quality assurance, implied volatility, FTSE, APR, dividends payable, labor relations, option premium, cancelled check, stock market close, phantom income, ex-dividend, liquidity ratio, limit order, 1031 exchange, real GDP, Zero Cost Collar


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Home | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use