CCAI - Consumer Confidence Average Index

Consumer confidence indices track the degree of consumer optimism about the current state of the economy, and often incorporate expectations about the future of the economy as well. (For background, please see An Introduction to Consumer Confidence Measures.) They predict changes in the GDP, the unemployment rate, personal expenditures and other economic measures.

The Consumer Confidence Average Index (CCAI) – The Celsius scale of confidence measures℠ – aggregates normalized data derived from the University of Michigan’s Index of Consumer Sentiment (ICS), the Conference Board’s Consumer Confidence Index (CCI) and Bloomberg’s Consumer Comfort Index (COMF). The scale has been normalized so that 0 = the record low for each index since 1985 and 100 = its record high over that time period.

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