#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 🤔. 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 📊.
What is the US Consumer Confidence Index? 🤔
The US Consumer Confidence Index (CCI) is a monthly survey conducted by The Conference Board, a non-profit business membership and research association 📚. 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 📊