Number: RL31942
Title: Measures of Consumer Confidence: Are They Useful?
Authors: Brian W. Cashell, Government and Finance Division 
Abstract: Two economic indicators that get a lot of attention are the index of consumer sentiment published by the University of Michigan Survey Research Center, and the consumer confidence index published by the Conference Board. This report explains how these two indexes measuring consumer attitudes are calculated, the theoretical connection between consumer attitudes and economic growth, and examines their significance as indicators of the economic outlook.
Pages: 9
Date: Updated June 2, 2003