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Episode 135: The Consumer Confidence Index

Автор: Alanis Business Academy

Загружено: 2013-09-23

Просмотров: 6216

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Published by the Conference Board, the Consumer Confidence Index (CCI) measures consumer optimism towards the state of the economy. Through this economic indicator investors, businesses, and many others attempt to gain insight into one of the most important players in the economy: the consumer. Rather than evaluate indicators that focus on what has happened in the economy and then predict consumer behavior, the CCI is derived from simply asking consumers how they feel about current conditions as well as their future outlook. This is done with the belief that a more confident consumer is one who is willing to engage in non-essential spending.

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