Consumer Confidence Index - CCI

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DEFINITION of 'Consumer Confidence Index - CCI'

A survey by the Conference Board that measures how optimistic or pessimistic consumers are with respect to the economy in the near future.

INVESTOPEDIA EXPLAINS 'Consumer Confidence Index - CCI'

The idea is that if the consumers are optimistic, they will tend to purchase more goods and services. This increase in spending will inevitably stimulate the whole economy.

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