consumer confidence
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An economic indicator that measures the degree of optimism that consumers feel about the overall state of the economy.
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Examples (10)
- A recent report shows that rising consumer confidence is boosting retail sales.
- The government hopes the new tax cuts will bolster consumer confidence.
- Falling oil prices have led to a sharp drop in consumer confidence.
- The monthly survey is a key indicator used to measure consumer confidence.
- Political instability can seriously erode consumer confidence and slow economic growth.
- Analysts noted that consumer confidence had reached a five-year high before the recession.
- If consumer confidence remains low, people are less likely to make major purchases.
- The central bank is closely monitoring trends in consumer confidence.
- The index of consumer confidence fell to 98.5 last month, below economists' expectations.
- Positive job reports often lead to an increase in consumer confidence.