The Consumer Sentiment Survey

The Consumer Sentiment Survey measures how optimistic or cautious U.S. consumers feel about the economy’s current and future situation. Conducted regularly through questionnaires, it assesses attitudes about personal finances, job prospects, and overall economic prospects. High sentiment indicates confidence, leading to increased spending, while low sentiment suggests caution, possibly reducing spending. Businesses and policymakers use this information to make decisions, as consumer confidence influences economic growth and stability. In summary, it's a gauge of how consumers perceive the economy, reflecting their willingness to spend, save, or invest.