#USconsumerconfidance confidence is a measure of how optimistic or pessimistic consumers feel about the overall state of the economy and their personal financial situation. It is an important economic indicator because consumer spending drives a significant portion of economic growth. When consumers are confident in the economy, they are more likely to spend money, which boosts economic activity. Conversely, when consumer confidence is low, consumers are more likely to save money and reduce spending, which can slow economic growth#VETUSDT