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Consumer Confidence Index - CCI
What does it mean?
A survey by the Conference Board that measures how optimistic or pessimistic consumers are with respect to the economy in the near future.
In Other Words...
The idea is that if the consumers are optimistic, they will tend to purchase more goods and services. This increase in spending will inevitably stimulate the whole economy.
Related Links
CCI Homepage - The official CCI page from the Conference Board.
Related Terms
Conference Board | Expectations Index | Michigan Consumer Sentiment Index | Present Situation Index
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