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

Recent Examples on the Web

The University of Michigan consumer confidence index, which looked a little bit sunnier this year after a substantial slowdown in inflation over 2023, has again soured. —Jeanna Smialek, New York Times, 30 May 2024

The Conference Board found this week that consumer confidence rose for the first time in three months, after falling steadily for most of the early part of the year. —Bypaolo Confino, Fortune, 30 May 2024

On Tuesday, the university will publish the results of its consumer confidence survey for May. —Vinamrata Chaturvedi, Quartz, 26 May 2024

Across Europe more widely, spiraling inflation and rising interest have hit consumer confidence, which remains around levels last seen during the Great Recession of 2008/09. —Ryan Hogg, Fortune Europe, 22 May 2024

The annual water report, or consumer confidence report, is required by law under the Safe Drinking Water Act by the U.S. Environmental Protection Agency. —Marina Johnson, The Courier-Journal, 21 May 2024

The news has also caused consumer confidence to retreat: The Conference Board’s Consumer Confidence Index, a metric put out monthly by the business think tank, fell for its third consecutive month in April to 97 — its lowest level since July 2022. —Rocio Fabbro, Quartz, 3 May 2024

Add in factors like housing supply and consumer confidence, and how everything interacts in our current economic climate becomes more important than the interest rates alone. —Phillip Molnar, San Diego Union-Tribune, 3 May 2024

Source: My trusty spreadsheet analyzed the Conference Board’s monthly consumer confidence indexes for the state, which are based on regular polling of shoppers. —Jonathan Lansner, Orange County Register, 30 Apr. 2024