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Conference Board Consumer Confidence Bounced Back in December

Ricky Cove
Conference Board Consumer Confidence Bounced Back in December

The Conference Board website explains the Consumer Confidence Index (or CCI) as a barometer of the health of the US economy (VOO) from the perspective of the consumer. A survey that compiles consumers’ perceptions of employment and business conditions and their expectations for the next six months is used to construct the index. This monthly survey is conducted by Nielsen, a leading global consumer analytics firm.