consumer confidence

noun

: the good feelings that people have about the economy

There is a recent increase in consumer confidence.

Examples of consumer confidence in a Sentence

Recent Examples on the Web

Preliminary data from the University of Michigan revealed that consumer confidence reached a 2½-year high in January, sharply exceeding expectations. —Detroit Free Press, 11 June 2024

And when the selling season winds down in the summer and heading into the fall, Nick said home prices will start to drop and erode consumer confidence. —Jason Ma, Fortune, 2 June 2024

If consumer confidence were weak, households would curtail consumption, building up their savings instead. —Nicholas R. Lardy, Foreign Affairs, 2 Apr. 2024

The University of Michigan consumer confidence index, which looked a little bit sunnier this year after a substantial slowdown in inflation over 2023, has again soured. —Jeanna Smialek, New York Times, 30 May 2024

The Conference Board found this week that consumer confidence rose for the first time in three months, after falling steadily for most of the early part of the year. —Bypaolo Confino, Fortune, 30 May 2024

On Tuesday, the university will publish the results of its consumer confidence survey for May. —Vinamrata Chaturvedi, Quartz, 26 May 2024

Across Europe more widely, spiraling inflation and rising interest have hit consumer confidence, which remains around levels last seen during the Great Recession of 2008/09. —Ryan Hogg, Fortune Europe, 22 May 2024

The annual water report, or consumer confidence report, is required by law under the Safe Drinking Water Act by the U.S. Environmental Protection Agency. —Marina Johnson, The Courier-Journal, 21 May 2024