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What is the 'Consumer Confidence Index - CCI' An index by the Conference Board that measures how optimistic or pessimistic consumers are with respect to the economy in the near future. The idea behind the Consumer Confidence Index (CCI) is that if consumers are optimistic, they tend to purchase more goods and services. This increase in spending inevitably stimulates the whole economy. BREAKING DOWN 'Consumer Confidence Index - CCI' The index is put out the last Tuesday of every month.
P50 (and P90, Mean, Expected and P10). When probabilistic Monte Carlo type evaluations are adopted, this is a statistical confidence level for an estimate. P50 is defined as 50% of estimates exceed the P50 estimate (and by definition, 50% of estimates are less than the P50 estimate).It is a good middle estimate.Mean and Expected (same level of measure just different names) usually lie about the P40-P30 levels in oil field evaluations and are therefore high estimates.50 is defined as 50% of estimates exceed the P50 estimate (and by definition, 50% of estimates are less than the P50 estimate).