consumer confidence

noun

: the good feelings that people have about the economy

There is a recent increase in consumer confidence.

Examples of consumer confidence in a Sentence

Recent Examples on the Web

Both wealthy individuals making more than $100,000 a year, and young people, defined as those under the age of 35, had the highest degrees of consumer confidence, according to the six-month average. —Paolo Confino, Fortune, 29 May 2024

Consumer Spending While consumer confidence rose in May after three consecutive months of decline, consumers are cautious about the future. —Vicki M. Young, Sourcing Journal, 3 Sep. 2019

Preliminary data from the University of Michigan revealed that consumer confidence reached a 2½-year high in January, sharply exceeding expectations. —Detroit Free Press, 11 June 2024

And when the selling season winds down in the summer and heading into the fall, Nick said home prices will start to drop and erode consumer confidence. —Jason Ma, Fortune, 2 June 2024