#USConsumerConfidence

#USConsumerConfidence The US consumer confidence index is a closely watched economic indicator that measures the level of optimism among American consumers regarding their financial situation, job prospects, and overall economic outlook ๐Ÿค”. This index is crucial in understanding the health of the US economy, as consumer spending accounts for a significant portion of the country's GDP ๐Ÿ“Š.

What is the US Consumer Confidence Index? ๐Ÿค”

The US Consumer Confidence Index (CCI) is a monthly survey conducted by The Conference Board, a non-profit business membership and research association ๐Ÿ“š. The survey polls a representative sample of 3,000 households across the US, asking questions about their current and future financial situation, employment prospects, and overall economic outlook ๐Ÿ“Š