Consumer Confidence Index (CCI)
The United State of America’s consumer confidence index (CCI) is the indicator of consumer confidence; it is defined as the expression of degree of optimism over the economic state of the country by the consumers through their behaviour on spendings and savings. The consumer Confidence is not measured on a Global scale. The analysis of each country points out huge contrast around the world. In the global economy that is interconnected, tracking international consumer confidence indicates the global economic trends. An independent economic research organisation, the Conference Board in the USA issues monthly consumer confidence. It is is based on 5,000 households. The measurement indicates consumption component level of the GDP.
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