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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.
What it means: Published by the Bureau of Labor Statistics, the Consumer Price Index measures the change in prices paid by consumers for a representative group of products and services. How it's used: The Consumer Price Index (CPI) measures inflation at the consumer level. The CPI is used as an economy-wide measure of inflation and is used to determine annual cost of living adjustments to Social Security payments and employee paychecks. Back to key economic statistics page.