Forex Trading

CCI - Consumer Confidence Index

The Conference Board; Last Tuesday of each month, 10:00am EST, covers current month's data

The Conference Board; Last Tuesday of each month, 10:00am EST, covers current month's data: The CCI is a survey based on a sample of 5,000 U.S. households and is considered one of the most accurate indicators of confidence. The idea behind consumer confidence is that when the economy warrants more jobs, increased wages, and lower interest rates, it increases our confidence and spending power. The respondents answer questions about their income, the market condition as they see it, and the chances to see increase in their income. Confidence is looked at closely by the Federal Reserve when determining interest rates. It is considered to be a big market mover as private consumption is two thirds of the American economy.

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  • What is Consumer Confidence Index (CCI)?: Image Caption: Confidence Image: Teaser: Learn more about the Consumer Confidence Index (CCI) Body: Consumer Confidence Index (CCI) is ...
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