#USConsumerConfidence
The index has fallen, there is panic in the news. But it's unnecessary. This is predictable and nothing alarming.
Firstly, this is only in the USA.
Secondly, they have a new president. Trump narrowly defeated his opponent in the elections with minimal advantage. The results were 49.91% and 48.43%. Half of the voters did not want to see Trump as president - it's clear that now they are lacking optimism.
It's no wonder that the consumer confidence index is also called the consumer optimism index. It measures how buyers perceive the present time as suitable for major purchases/investments.
The news inflated the fact of the decline because they need something to write aboutš. And here the index fell by 3% for the first time in 6 months.
It is still very far from 50,
71 is actually quite good. Most countries don't even dream of such a figureš¤·š»āāļø