Consumer confidence

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The consumer confidence index is a monthly survey of public attitudes toward the economy. It is compared to the optimism of the nation in 1985, which was arbitrarily given a score of 100[1]. Hence a score below 100 means the public is less confident in the economy, and a score above 100 means the public is more confident. The highest ever recorded on the consumer confidence index was a 144.7 in January, 2000 during the presidency of Bill Clinton.[2][3] By contrast, the lowest ever recorded on the consumer confidence index was a 25.3 in February, 2003 during the George W. Bush administration.[2] This monthly report is watched closely by stock market traders and politicians.

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