consumer confidence
Spending willingness measure
Consumer confidence is a measure of how optimistic people feel about the economy and their own financial situation.
When consumer confidence is high, people tend to spend more freely; when it's low, they tighten their belts and save.
Economists and businesses track consumer confidence closely because consumer spending drives a large portion of economic activity.
The latest report showed consumer confidence dropping amid inflation fears.
- interest ratesPrice paid for borrowing
- inflationSustained price level increase
- cost of livingPrice of basic necessities
- unemployment ratePercentage without jobs seeking work
- holiday shoppingPurchasing gifts for celebrations
herd behavior · business investment · retail sales · keeping up with the Joneses · economic cycles · stock market · GDP growth · risk aversion · pessimism · price · recession · wage growth · disposable income · belt tightening · rainy day fund · product innovation · sale · brand loyalty
- economicssupply and demand, inflation, GDP, GNP, gross domestic product
- modern economicsGDP, GDP growth, recession, inflation, interest rates
- economic dataGDP, CPI, PPI, inflation rates, inflation rate
- economic indicatorsGDP, GDP report, GNP, CPI, PPI
- external forceseconomic factors, environmental factors, market forces, demographics, economic growth
- economic policymonetary policy, tax policy, fiscal discipline, fiscal stimulus, fiscal restraint
consumer confidencemarket panic
Sudden widespread selling frenzy
economic crisis · financial panic · bank runs · economic turmoil · spending freeze