Consumer Confidence Index

Consumer Confidence Index definition - business

Consumer Confidence Index

A measure of consumer views regarding the current economic situation and consumer expectations for the future. Information for the index is compiled and released on the last Tuesday of each month by the Conference Board, an independent not-for-profit research group. Consumer views of the economy affect consumer spending, which makes up two thirds of the U.S. economy.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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