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  • Economic Calendar Terms

    Cons confidence mm

    National Institute
    of Economic Research
    Box 3116,Kungsgatan 12-14
    SE-103 62 Stockholm

    Confidence indicator is a measure of the mood of consumers or businesses. It is usually based on a survey during which respondents rate their opinion on different issues concerning current and future conditions. There are many kinds of confidence indicators as institutions measuring them use different questions, sizes of samples or frequency of publications. Consumers opinions are typically expressed with answers like: better, same, worse or positive, negative and unchanged.

    Consumer confidence indicator is closely linked to consumer spending and correlated with personal income, purchasing power, employment, business conditions.