Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for United States
CSCICP03USM665S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.91
Year-over-Year Change
1.60%
Date Range
1/1/1960 - 1/1/2024
Summary
The Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for United States is a key economic indicator that measures consumer sentiment and expectations, providing insights into future economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This index reflects consumer attitudes toward personal finances, business conditions, and buying conditions, serving as an important gauge of consumer confidence and its potential impact on the broader economy.
Methodology
The data is collected through surveys and compiled by the Organisation for Economic Co-operation and Development (OECD).
Historical Context
This indicator is closely monitored by policymakers, economists, and market analysts to assess the health of the U.S. economy.
Key Facts
- The index ranges from 0 to 200, with 100 representing the long-term average.
- Consumer confidence is a key driver of consumer spending, which accounts for over two-thirds of U.S. economic activity.
- The index is released monthly by the OECD and is widely used to predict future economic conditions.
FAQs
Q: What does this economic trend measure?
A: The Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for United States measures consumer sentiment and expectations in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insights into consumer confidence, which is a significant driver of economic activity and a leading predictor of future economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys and compiled by the Organisation for Economic Co-operation and Development (OECD).
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts closely monitor this indicator to assess the health of the U.S. economy and inform their decision-making processes.
Q: Are there update delays or limitations?
A: The index is released monthly by the OECD, and there may be some delays in the data publication.
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Citation
U.S. Federal Reserve, Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for United States (CSCICP03USM665S), retrieved from FRED.