The Consumer Sentiment Index (CSI)

The Consumer Sentiment Index (CSI) measures how optimistic or pessimistic people feel about the economy and their personal financial situation. It surveys households to gauge their attitudes towards spending, saving, and making big purchases. A high CSI indicates consumers feel confident and are likely to spend more, which can boost the economy. Conversely, a low CSI suggests caution, leading to decreased spending. The index helps economists and policymakers understand consumer behavior and predict economic trends, as consumer spending is a key driver of economic growth.