________ measures how optimistic or pessimistic people are about the future health of the economy and how they will fair in the future.

Question

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Consumer confidence is the measure of how optimistic or pessimistic people are about the future health of the economy and their personal financial situation. It is usually measured by surveys that ask consumers about their current and future economic status, their attitudes towards spending and saving, and their expectations of inflation and interest rates. A high level of consumer confidence generally indicates a strong economy, as people are more willing to spend money and take risks when they feel secure about their financial future.

________ Measures How Optimistic or Pessimistic People Are About the Future