Definition of consumer confidence noun from the Oxford Advanced Learner's Dictionary

 

consumer confidence

 noun
noun
BrE BrE//kənˌsjuːmə ˈkɒnfɪdəns//
 
; NAmE NAmE//kənˌsuːmər ˈkɑːnfɪdəns//
 
[uncountable]
 
jump to other results
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 grows; the opposite is true if consumer confidence is low. Lower interest rates would boost consumer confidence.
See the Oxford Advanced American Dictionary entry: consumer confidence