#USConsumerConfidence The consumer confidence index (CCI) is a standardized confidence indicator that provides an indication of the future evolution of household consumption and savings.

The index is based on responses regarding the expected financial situation of households, their perception of the overall economic situation, unemployment, and savings capacity. An indicator above 100 indicates an increase in consumer confidence in the future economic situation, as a result of which they are less likely to save and more inclined to spend money on major purchases in the next 12 months. Values below 100 indicate a pessimistic attitude about the future evolution of the economy, which may result in a tendency to save more and consume less.

This indicator is measured as an index.