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The index is normalized to have a value of 100 in the first quarter of 1966. [1] Each month at least 500 telephone interviews are conducted of a contiguous United States sample. Fifty core questions are asked. [2] The consumer confidence measures were devised in the late 1940s by Professor George Katona at the University of Michigan. They have ...
A consumer confidence index (CCI) is an economic indicator published by various organizations in several countries. In simple terms, increased consumer confidence indicates economic growth in which consumers are spending money, indicating higher consumption. Decreasing consumer confidence implies slowing economic growth, and so consumers are ...
The Conference Board reported that its consumer confidence index retreated this month to 104.1, from 109.5 in December. That is worse than the economist projections for a reading of 105.8.
The Conference Board's Expectations Index dropped to a five-month low in December, nearing a threshold that typically signals a recession ahead. US consumer confidence drops unexpectedly to near ...
The Conference Board said Monday that its consumer confidence index fell back in December to 104.7 from 112.8 in November. Analysts forecast a rise to a reading of 113.8.
The Consumer Confidence Average Index (CCAI) is a monthly indicator that aggregates data from the above three major national polls on consumer confidence. It represents the rescaled average of the Conference Board Consumer Confidence Index, the University of Michigan Consumer Sentiment Index, and the Bloomberg Consumer Comfort Index.
Consumer confidence tumbled in September as Americans grew increasingly worried about a cooling labor market. The latest index reading from the Conference Board was 98.7, below the 105.6 seen in ...
The Conference Board, a business research group, said Tuesday that its consumer confidence index ticked down to 104.7 in March from a revised 104.8 in February.