Consumer Confidence Index

The Consumer Confidence Index (CCI) is an economic indicator that measures consumers' optimism about the overall economy and their personal finances. Published monthly by The Conference Board, it's based on a survey of 5,000 U.S. households.1

High consumer confidence generally leads to increased spending, especially on durable goods, which helps sustain economic expansion. Conversely, declining confidence can result in reduced spending, impacting businesses and potentially leading to an economic slowdown or recession. The CCI is closely watched by businesses, the Federal Reserve, and investors as a leading indicator of future consumer spending, which drives a significant portion of the U.S. gross domestic product (GDP).12