What is the United States consumer confidence index?

United States Consumer Confidence Index data was reported at 117.000 1985=100 in Jul 2023. This records an increase from the previous number of 110.100 1985=100 for Jun 2023. United States Consumer Confidence Index data is updated monthly, averaging 97.900 1985=100 from Feb 1967 to Jul 2023, with 616 observations.

What is consumer confidence (CB)?

Conference Board (CB) Consumer Confidence measures the level of consumer confidence in economic activity. It is a leading indicator as it can predict consumer spending, which plays a major role in overall economic activity. Higher readings point to higher consumer optimism.

Do I need a subscription to access the Consumer Confidence Index?

A paid subscription is required for full access. In June 2023, the Consumer Confidence Index (CCI) of the United States stood at 97.18. The CCI in the U.S. began to slowly increased over the later half of 2022 after a year of decline.

Is US consumer confidence growing?

According to the US consumer sentiment index by the University of Michigan, US consumer confidence had been growing over the past decade until the coronavirus pandemic hit.