Business, Legal & Accounting Glossary
A sub-index that conducts a survey to gauge a set number of consumers’ outlook on the economic condition in the next six months. Consumers are asked to consider and share their outlook on economic factors such as employment and business opportunities. They are also asked to share where they expect to spend their money in the next six months. This information is compiled and used in the Consumer Confidence Index which businesses utilize for planning purposes.
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This glossary post was last updated: 20th November, 2021 | 0 Views.