#USConsumerConfidence US Consumer Confidence refers to the degree of optimism or pessimism that American consumers feel about the overall state of the economy and their personal financial situations. It is a key economic indicator because consumer spending drives a significant portion of the U.S. economy.

The Conference Board Consumer Confidence Index (CCI) is the most widely referenced measure. It is based on a monthly survey of 3,000 households, assessing:

1. Present Situation Index: How consumers perceive current economic conditions, particularly employment and income levels.

2. Expectations Index: Consumers' expectations for economic conditions over the next six months, including jobs and income.

Why it matters:

High consumer confidence typically leads to increased consumer spending, which can boost economic growth.

Low consumer confidence may signal reduced spending, potentially leading to slower growth or even recession.

Would you like recent updates on consumer confidence, or a deeper dive into how it's measured?