what is consumer confidence index chart
What is the 'Consumer Confidence Index - CCI' An index by the Conference Board that measures how optimistic or pessimistic consumers are with respect to the economy in the near future. The idea behind the Consumer Confidence Index (CCI) is that if consumers are optimistic, they tend to purchase more goods and services. This increase in spending inevitably stimulates the whole economy. BREAKING DOWN 'Consumer Confidence Index - CCI' The index is put out the last Tuesday of every month.