#USConsumerConfidence

US Consumer Confidence is an index that measures the level of consumer optimism about the state of the US economy. It is an important indicator for assessing the economic sentiment of the population and influences financial markets.

How it works:

1. Data source: The index is published by the Conference Board, a research organization based in the US.

2. Aspects assessed:

• Current economic situation (how consumers assess the current state of the economy and jobs).

• Expectations (consumers' forecast for the next 6 months regarding income, employment and the economy).

3. Data collection method: Survey of approximately 3,000 households.

Meaning:

• High index: Indicates consumer confidence in the future. This can stimulate more spending, which is good for the economy.

• Low index: Indicates concerns about economic growth, which can lead to reduced spending.