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General TradingC

Conference Board Consumer Confidence Index (CCI)

The Conference Board Consumer Confidence Index (CCI) is a monthly US economic indicator that measures the degree of optimism consumers feel about the overall state of the economy and their personal financial situation. It is based on a survey of approximately 3,000 households and is closely watched by traders as consumer confidence influences spending and economic growth.

Example

“The CCI reading surged to 115.8, well above the expected 108.5, sending the US dollar higher as traders anticipated stronger consumer spending ahead.”