ABC Consumer Confidence Index

An asessment of consumer confidence towards the US economy based on telephone interviews of several hundred adults; the research being carried out by ABC News/Washington Post. The survey queries people on their personal financial situation and willingess to spend.

Declining levels of consumer confidence usually accompany any fall in income or wages, and precede any drops in consumer spending. A low, or falling ABC Consumer Confidence Index value is considered an early indicator of economic downturn, and as such, can have an effect on the US Dollar.  

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