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consumentenvertrouwen

Consumentenvertrouwen, or consumer confidence, measures how optimistic or pessimistic people feel about the economy and their personal financial situation. It reflects their willingness to spend money on goods and services, which influences overall economic activity. When confidence is high, people are more likely to make big purchases like cars or houses; when it's low, they tend to save more and spend less. This indicator helps economists understand potential economic growth or downturns based on consumers' attitudes and expectations about the future.