#USConsumerConfidence

The U.S. Consumer Confidence Index is a measure of American consumers' sentiment about future economic conditions. It reflects how optimistic people are about their financial prospects and the state of the economy as a whole. The index is influenced by a variety of factors, such as unemployment, inflation, and prices of goods and services. Changes in the consumer confidence index can have a significant impact on the economy because consumer spending accounts for a significant portion of U.S. GDP. High levels of confidence are usually associated with increased consumer spending, which stimulates economic growth. While low levels of confidence may indicate a slowdown in economic activity.