What is Consumer confidence?
'''Consumer confidence''' is an [[economic]] word that measures the degree of [[optimism]] that [[consumer]]s feel about the overall state of the [[economy]] and their [[Personal finance|personal]] [[financial]] situation. If the consumer has confidence in the economy, it is more likely they will spend money rather than save money.<ref>{{cite web|url=http://www.investopedia.com/articles/05/010604.asp |title=Understanding The Consumer Confidence Index |website=Investopedia.com |access-date=2017-01-17}}</ref> ==References== {{reflist}} [[Category:Economic indicators]] {{stub}}