#ConsumerConfidence

measures the optimism or pessimism of consumers about the economy. It reflects their willingness to spend based on factors like employment, inflation, and economic stability. High consumer confidence signals economic growth, as people are more likely to make big purchases, boosting businesses and markets. Conversely, low confidence leads to reduced spending, slowing economic activity. Governments and businesses closely monitor consumer confidence to predict economic trends and adjust policies. Reports like the Consumer Confidence Index (CCI) track these sentiments monthly. A strong confidence level often drives stock markets higher,while declines may indicate economic uncertainty. #Economy #MarketRebound