Consumer Sentiment

Consumer Sentiment reflects how optimistic or pessimistic people feel about the economy and their personal financial situation. It is measured through surveys where individuals share their perceptions of economic health, job prospects, and their future financial stability. When sentiment is high, consumers are more likely to spend money, boosting economic growth. Conversely, when sentiments decline, people tend to save more and spend less, which can slow down the economy. This indicator helps businesses and policymakers understand consumer confidence and predict future economic activity based on public outlook.