consumer confidence

Definition

The degree of optimism that consumers are expressing for the state of the economy through their saving and spending activity.

Use consumer confidence in a sentence

Consumer confidence has increased dramatically, recently, as the important Dow Jones stock market has reached an all time high recently.

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Consumer confidence fell amidst the Financial Crisis of 2008 when banks were being bailed out to the tune of hundreds of billions of dollars.

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When I heard the economy and consumer confidence were both recovering, I decided to finally take some money out of savings to put a down payment on a new car which I really need.

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consumer confidence index University of Michigan Survey of Consumers