consumer confidence

noun

: the good feelings that people have about the economy

There is a recent increase in consumer confidence.

Examples of consumer confidence in a Sentence

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While the Fed is still expected to cut, a booming November jobs report and turnarounds in consumer confidence may give the bank reason to delay future reductions in interest rates. —

Sylvan Lane, The Hill, 11 Dec. 2024 For perspective, the consumer confidence index reached 132.6 in February 2020, just before the Covid-19 onset. —

Trefis Team, Forbes, 25 Nov. 2024 That is partly because policymakers have yet to find a fix to a years-long property crisis that is dragging on consumer confidence, with some 70% of household savings parked in real estate. —

Reuters, CNN, 16 Dec. 2024 The nonprofit think tank Conference Board's consumer confidence index saw its largest monthly gain since 2021, with fewer Americans expecting a recession in the next 12 months. —

Yaakov Katz, Newsweek, 28 Nov. 2024 See all Example Sentences for consumer confidence

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“Consumer confidence.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/consumer%20confidence. Accessed 24 Dec. 2024.

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