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 Commentary
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.
Related Links
Consumer Confidence: A Killer Statistic
Understanding the Consumer Confidence Index
See also: Conference Board, Expectations Index, Michigan Consumer Sentiment Index, Present Situation Index
Also spelled: CCI
Consumer Confidence Index