Consumer confidence measures the degree of optimism that consumers have regarding the state of the economy, influencing their spending and saving decisions. It is a critical economic indicator measured through various surveys.
An economic indicator that measures the degree of optimism consumers feel about the overall state of the economy and their personal financial situation.
A measure reflecting the confidence, optimism, and economic expectations of consumers based on surveys and economic indicators.
Michigan Consumer Sentiment Index (MCSI): Understanding Consumer Expectations and Economic Sentiment
A comprehensive overview of the Michigan Consumer Sentiment Index (MCSI), including its significance, methodology, uses, historical context, and implications for the economy.
