Definition of consumer confidence

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TeachMeFinance.com - explain consumer confidence



consumer confidence -- An index of consumer optimism based on surveys of consumers' attitudes about current and future economic conditions. One such index--the index of consumer sentiment--is constructed by the University of Michigan Survey Research Center. A similar index--the Consumer Confidence Index--is constructed by The Conference Board.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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