American English

Definition of consumer confidence noun from the Oxford Advanced American Dictionary

 

consumer confidence

 noun
noun
 
[uncountable]
 
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a measure of the degree of confidence people have in the economy as a whole and in their own financial situation. If consumer confidence is high, people spend more and the economy expands; the opposite is true if consumer confidence is low Tax cuts will boost consumer confidence after the recession.
See the Oxford Advanced Learner's Dictionary entry: consumer confidence