#USConsumerConfidence Consumer confidence in the United States is a key indicator that reflects households' optimism or pessimism regarding the current and future economic situation. Measured mainly by the Conference Board Consumer Confidence Index and the University of Michigan Consumer Sentiment Index, this indicator influences families' spending, saving, and investment decisions.
When confidence is high, consumers tend to spend more, which drives economic growth, as consumption accounts for about 70% of the U.S. GDP. Conversely, a decline in confidence can lead to lower spending and a cooling of the economy. Factors such as employment, wages, inflation, and market conditions directly affect this indicator.